Dada Nexus Ltd ADR (NASDAQ:DADA) currently has a daily average trading volume of 1.63M but it saw 2924487 shares traded in last market. With a market cap of 570.41M USD, the company’s current market price of $2.16 came falling about -5.26 while comparing to the previous closing price of $2.28. 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 $2.04 while lowest mark touched by it was $2.225.
Taking a look at 20-day trading activity of Dada Nexus Ltd ADR (DADA) gives us an average price of $1.42, while its current price level is -56.63% below from 52-week high level whereas it is 107.69% 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 $1.32 while that of 200 days or SMA-200 reads an average of $1.82. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.67% during that period while stretching the period over a month that decreases to 7.62%. 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 74.81 which implies that the stock is in overbought 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 35.00% up while it is 96.36% when we observe its performance for the past one month. Year-to-date it is -34.94% down and over the past year, the stock is showing a downside performance of -45.45%.
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 1.32. Stock has a price to book (P/B) ratio of 0.84 while price to sale or P/S ratio amounts to 0.40. Its return on asset (ROA) is -27.36% on average.
