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Smart Share Global (NYSE:EM) Shares Down 0.9% - Should You Sell?

Smart Share Global logo with Consumer Discretionary background
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Smart Share Global Limited (NYSE:EM - Get Free Report)'s stock price fell 0.9% during mid-day trading on Monday . The company traded as low as $1.11 and last traded at $1.13. 420,583 shares traded hands during trading, a decline of 66% from the average session volume of 1,243,456 shares. The stock had previously closed at $1.14.

Smart Share Global Stock Performance

The company has a fifty day simple moving average of $1.02 and a two-hundred day simple moving average of $0.80. The stock has a market capitalization of $293.32 million, a price-to-earnings ratio of 37.68 and a beta of 0.69.

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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