Shares of Smart Share Global Limited (NYSE:EM – Get Free Report) fell 0.9% during mid-day trading on Tuesday . The company traded as low as $1.12 and last traded at $1.12. 251,078 shares changed hands during trading, a decline of 20% from the average session volume of 313,421 shares. The stock had previously closed at $1.13.
Smart Share Global Stock Performance
The company’s 50 day moving average is $1.12 and its 200 day moving average is $0.85. The stock has a market capitalization of $290.72 million, a price-to-earnings ratio of 37.35 and a beta of 0.69.
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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