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Smart Share Global (NYSE:EM) Trading Up 0.9% - Time to Buy?

Smart Share Global logo with Consumer Discretionary background

Shares of Smart Share Global Limited (NYSE:EM - Get Free Report) were up 0.9% on Wednesday . The stock traded as high as $1.15 and last traded at $1.15. Approximately 255,870 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 2,039,354 shares. The stock had previously closed at $1.14.

Smart Share Global Stock Performance

The firm has a market cap of $301.11 million, a P/E ratio of 38.68 and a beta of 0.59. The business's 50-day simple moving average is $0.84 and its 200 day simple moving average is $0.75.

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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