ATRenew Inc. (NYSE:RERE – Get Rating)’s share price shot up 9.1% during mid-day trading on Thursday . The company traded as high as $2.87 and last traded at $2.87. 2,010 shares changed hands during trading, a decline of 100% from the average session volume of 434,238 shares. The stock had previously closed at $2.63.
ATRenew Price Performance
The stock’s fifty day moving average price is $2.85 and its two-hundred day moving average price is $3.52.
ATRenew (NYSE:RERE – Get Rating) last announced its quarterly earnings data on Tuesday, May 24th. The company reported ($0.06) earnings per share for the quarter. ATRenew had a negative net margin of 10.41% and a negative return on equity of 10.51%. The firm had revenue of $348.07 million during the quarter.
Institutional Inflows and Outflows
ATRenew Inc, through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras, household products, and bags through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms.
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