It’s Not A Fantasy To Think That Dada Nexus Ltd ADR (DADA) Has Big Future Potential

Dada Nexus Ltd ADR (NASDAQ:DADA) currently has a daily average trading volume of 1.69M but it saw 908588 shares traded in last market. With a market cap of 380.28M USD, the company’s current market price of $1.44 remained unchanged while comparing to the previous closing price of $1.44. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.83 and as low as $1.25.

Taking a look at 20-day trading activity of Dada Nexus Ltd ADR (DADA) gives us an average price of $1.4230, while its current price level is -78.92% below from 52-week high level whereas it is 14.74% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.6856 while that of 200 days or SMA-200 reads an average of $2.5622. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.14% during that period while stretching the period over a month that increases to 5.65%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 44.25 which implies that the stock is in neutral territory.



New Street also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $15 and $2.

Year-to-date it is -56.63% down and over the past year, the stock is showing a downside performance of -74.69%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.01 beat the consensus estimate of 0 for the same. In next quarter, company is expected to be making quarterly sales of $330.54M as analysts are expecting the sales for current fiscal year at $1.35B and seeing the company making $1.53B in sales next year. Moreover, analysts are in estimates of $316.99M for current-quarter revenue.

Currently, Dada Nexus Ltd ADR’s total number of outstanding shares is 264.08M. Company’s return on investment (ROI) stands at -36.93% and return on equity (ROE) at -31.66%. Stock’s beta reads 1.35. Stock has a price to book (P/B) ratio of 0.52 while price to sale or P/S ratio amounts to 0.25. Its return on asset (ROA) is -24.85% on average.