Smart Share Global (NYSE:EM) Trading Up 1.9% – Here’s What Happened

Smart Share Global Limited (NYSE:EMGet Free Report) traded up 1.9% on Wednesday . The company traded as high as $1.08 and last traded at $1.08. 81,827 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 304,037 shares. The stock had previously closed at $1.06.

Smart Share Global Price Performance

The company’s 50-day simple moving average is $1.10 and its 200-day simple moving average is $0.95. The company has a market cap of $280.34 million, a price-to-earnings ratio of 36.01 and a beta of 0.66.

About Smart Share Global

(Get Free Report)

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.

Further Reading

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