ATRenew Inc. Sponsored ADR (NYSE:RERE) Declares $0.10 Dividend

ATRenew Inc. Sponsored ADR (NYSE:RERE) announced a dividend on Tuesday, March 10th. Shareholders of record on Monday, April 6th will be paid a dividend of 0.10 per share on Friday, April 24th. The ex-dividend date is Monday, April 6th.

ATRenew Stock Performance

NYSE RERE traded up $0.03 on Thursday, reaching $5.61. The company had a trading volume of 1,250,669 shares, compared to its average volume of 1,375,474. The company’s fifty day moving average is $5.77 and its 200-day moving average is $4.94. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 35.03 and a beta of 0.19. ATRenew has a 1-year low of $2.00 and a 1-year high of $6.47.

ATRenew (NYSE:RERE) last issued its quarterly earnings results on Wednesday, March 11th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. The company had revenue of $893.92 million for the quarter, compared to analyst estimates of $887.75 million. ATRenew had a return on equity of 8.91% and a net margin of 1.44%. On average, research analysts forecast that ATRenew will post 0.09 earnings per share for the current year.

About ATRenew

ATRenew Inc, through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras; and vintage bags, watches, liquor, gold, and various household goods through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms. The company was formerly known as AiHuiShou International Co Ltd.