Shares of Smart Share Global Limited (NYSE:EM – Get Free Report) 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 changed hands during mid-day 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 Stock Performance
The company has a 50 day moving average of $0.72 and a 200-day moving average of $0.77. The stock has a market cap of $181.70 million, a price-to-earnings ratio of 24.53 and a beta of 0.60.
About Smart Share Global
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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