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Smart Share Global (NYSE:EM) Trading Down 2.2% - What's Next?

Smart Share Global logo with Consumer Discretionary background

Smart Share Global Limited (NYSE:EM - Get Free Report)'s stock price fell 2.2% during trading on Wednesday . The stock traded as low as $0.67 and last traded at $0.71. 32,609 shares traded hands during trading, a decline of 81% from the average session volume of 174,609 shares. The stock had previously closed at $0.73.

Smart Share Global Stock Performance

The company has a 50 day simple moving average of $0.66 and a 200 day simple moving average of $0.80. The company has a market capitalization of $190.71 million, a PE ratio of 24.49 and a beta of 0.60.

Smart Share Global (NYSE:EM - Get Free Report) last posted its quarterly earnings data on Thursday, August 22nd. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.10). Smart Share Global had a return on equity of 2.23% and a net margin of 3.10%. The firm had revenue of $63.70 million for the quarter.

Smart Share Global Company Profile

(Get Free Report)

Smart Share Global Limited, a consumer tech company, provides mobile device charging services in the People's Republic of China. The company provides mobile device charging services through online and offline networks; and rents power banks. It offers services through its power banks placed in points of interests (POIs) operated by its location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces.

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