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Smart Share Global (NYSE:EM) Stock Price Down 0.7% - Here's What Happened

Smart Share Global logo with Consumer Discretionary background

Shares of Smart Share Global Limited (NYSE:EM - Get Free Report) were down 0.7% during trading on Friday . The company traded as low as $0.68 and last traded at $0.72. Approximately 46,653 shares were traded during mid-day trading, a decline of 31% from the average daily volume of 67,626 shares. The stock had previously closed at $0.72.

Smart Share Global Trading Down 0.7 %

The business's fifty day simple moving average is $0.72 and its 200 day simple moving average is $0.73. The stock has a market cap of $185.65 million, a price-to-earnings ratio of 23.85 and a beta of 0.60.

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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