(EM) Smart Share Global - Ratings and Ratios

Smart Share Global Limited is a consumer tech company revolutionizing the mobile device charging experience in China through its innovative network of power banks strategically placed at popular points of interest, including entertainment venues, restaurants, and public spaces. By leveraging its online and offline networks, the company not only provides convenient charging services but also generates revenue through advertising and merchandise sales. With its headquarters in Shanghai, the company has established itself as a key player in Chinas rapidly growing consumer tech sector.

Analyzing the companys , we observe a Market Cap of $272.55M USD and a P/E ratio of 52.00, indicating a relatively high valuation. However, with a Return on Equity (RoE) of 0.57, the company demonstrates a certain level of profitability. The absence of a forward P/E ratio suggests that the company may not have provided earnings guidance, potentially due to the inherent uncertainty in the rapidly evolving consumer tech industry.

From a technical analysis perspective, the reveals that the stock has been trading around its 20-day and 50-day Simple Moving Averages (SMA20 and SMA50), indicating a stable short-term trend. The stocks price is significantly above its 200-day SMA, suggesting a longer-term uptrend. The Average True Range (ATR) of 0.04 (or 3.29% of the Last Price) indicates moderate volatility. Given the 52-week high and low of $1.16 and $0.50, respectively, the current price of $1.10 suggests that the stock is near its 52-week high, potentially indicating a strong recent performance.

Forecasting the future performance of EM, we can integrate insights from both and . The stable short-term trend, coupled with a long-term uptrend, suggests a positive outlook. However, the high P/E ratio and moderate volatility should be considered as potential risks. Assuming the company continues to expand its network and improve profitability, a potential target price could be $1.30, representing a 18% increase from the current price. Conversely, a failure to meet growth expectations could lead to a decline towards the $0.90 level, supported by the SMA20 and SMA50. Therefore, a cautious optimistic stance is warranted, with a close eye on the companys future performance and industry trends.