Smart Share Global (NYSE:EM) Shares Down 1.4%

Smart Share Global Limited (NYSE:EM) shares fell 1.4% during mid-day trading on Friday . The company traded as low as $0.51 and last traded at $0.53. 37,392 shares were traded during mid-day trading, a decline of 79% from the average session volume of 180,021 shares. The stock had previously closed at $0.53.

Smart Share Global Trading Down 1.4 %

The company has a market cap of $136.31 million, a PE ratio of 17.51 and a beta of 0.58. The firm has a 50 day moving average of $0.72 and a two-hundred day moving average of $0.79.

Smart Share Global (NYSE:EM) last issued its quarterly earnings data on Thursday, August 22nd. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.10). Smart Share Global had a return on equity of 2.23% and a net margin of 3.10%. The firm had revenue of $63.70 million during the quarter.

Smart Share Global Company Profile

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.