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Smart Share Global (NYSE:EM) Stock Price Down 3.9% - Here's What Happened

Smart Share Global logo with Consumer Discretionary background

Smart Share Global Limited (NYSE:EM - Get Free Report)'s share price dropped 3.9% during mid-day trading on Tuesday . The stock traded as low as $0.73 and last traded at $0.73. Approximately 78,523 shares were traded during trading, a decline of 50% from the average daily volume of 157,751 shares. The stock had previously closed at $0.76.

Smart Share Global Trading Up 0.8 %

The stock has a market cap of $191.05 million, a PE ratio of 24.33 and a beta of 0.60. The company's 50 day moving average is $0.72 and its 200-day moving average is $0.77.

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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