Smart Share Global (NYSE:EM) Posts Earnings Results

Smart Share Global (NYSE:EM) posted its earnings results on Thursday. The company reported $0.01 earnings per share for the quarter, Zacks reports. Smart Share Global had a net margin of 3.00% and a return on equity of 2.77%. The company had revenue of $63.70 million for the quarter.

Smart Share Global Price Performance

EM opened at $0.72 on Friday. Smart Share Global has a fifty-two week low of $0.43 and a fifty-two week high of $1.18. The firm has a market capitalization of $186.89 million, a PE ratio of 23.43 and a beta of 0.60. The company’s 50-day moving average is $0.82 and its 200 day moving average is $0.78.

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.