Dada Nexus Ltd ADR (NASDAQ:DADA) currently has a daily average trading volume of 1.25M but it saw 1517227 shares traded in last market. With a market cap of 324.82M USD, the company’s current market price of $1.23 came falling about -4.65 while comparing to the previous closing price of $1.29. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.98 and as low as $1.04. In the recent trading on the day, stock has struck highest price mark of $1.2 while lowest mark touched by it was $1.3.
Taking a look at 20-day trading activity of Dada Nexus Ltd ADR (DADA) gives us an average price of $1.1307, while its current price level is -75.30% below from 52-week high level whereas it is 18.27% 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 $1.2647 while that of 200 days or SMA-200 reads an average of $1.8966. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.38% during that period while stretching the period over a month that decreases to 6.06%. 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 54.32 which implies that the stock is in neutral territory.
Citigroup upgraded its recommendation for the stock as a “Neutral” from “Sell” on August 21, 2024 while assigning a price target range of $1-$1.50.
Over the week, DADA’s stock price is moving 11.82% up while it is -10.22% when we observe its performance for the past one month. Year-to-date it is -62.95% down and over the past year, the stock is showing a downside performance of -71.26%.
Currently, Dada Nexus Ltd ADR’s total number of outstanding shares is 264.08M. Company’s return on investment (ROI) stands at -41.92% and return on equity (ROE) at -34.83%. Stock’s beta reads 1.29. Stock has a price to book (P/B) ratio of 0.48 while price to sale or P/S ratio amounts to 0.23. Its return on asset (ROA) is -27.36% on average.
