Dada Nexus Ltd ADR (NASDAQ:DADA) currently has a daily average trading volume of 1.96M but it saw 1578623 shares traded in last market. With a market cap of 396.12M USD, the company’s current market price of $1.50 came falling about -3.85 while comparing to the previous closing price of $1.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.55 and as low as $1.04. In the recent trading on the day, stock has struck highest price mark of $1.465 while lowest mark touched by it was $1.54.
Taking a look at 20-day trading activity of Dada Nexus Ltd ADR (DADA) gives us an average price of $1.8008, while its current price level is -67.02% below from 52-week high level whereas it is 44.23% 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 $1.4360 while that of 200 days or SMA-200 reads an average of $1.7486. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.06% during that period while stretching the period over a month that increases to 9.95%. 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 44.01 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 -18.92% down while it is 21.95% when we observe its performance for the past one month. Year-to-date it is -54.82% down and over the past year, the stock is showing a downside performance of -63.68%.
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 1.37. Stock has a price to book (P/B) ratio of 0.58 while price to sale or P/S ratio amounts to 0.27. Its return on asset (ROA) is -27.36% on average.
