Dada Nexus Ltd ADR (NASDAQ:DADA) currently has a daily average trading volume of 1.09M but it saw 1109850 shares traded in last market. With a market cap of 364.43M USD, the company’s current market price of $1.38 came rising about 1.47 while comparing to the previous closing price of $1.36. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.83 and as low as $1.04. In the recent trading on the day, stock has struck highest price mark of $1.315 while lowest mark touched by it was $1.42.
Taking a look at 20-day trading activity of Dada Nexus Ltd ADR (DADA) gives us an average price of $1.3090, while its current price level is -51.24% below from 52-week high level whereas it is 32.69% 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 $1.3997 while that of 200 days or SMA-200 reads an average of $1.5402. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.41% during that period while stretching the period over a month that decreases to 5.74%. 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 54.31 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 11.29% up while it is 1.47% when we observe its performance for the past one month. Year-to-date it is 14.05% up and over the past year, the stock is showing a downside performance of -26.98%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of -1.2 while estimate for next year EPS is -2.54. In next quarter, company is expected to be making quarterly sales of $2.3B as analysts are expecting the sales for current fiscal year at $9.65B and seeing the company making $10.97B in sales next year. Moreover, analysts are in estimates of $2.37B for current-quarter revenue.
Currently, Dada Nexus Ltd ADR’s total number of outstanding shares is 264.08M with 3.01% of that held by the insiders while 15.71% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -42.98% and return on equity (ROE) at -36.05%. Stock’s beta reads 1.37. Stock has a price to book (P/B) ratio of 0.54 while price to sale or P/S ratio amounts to 0.26. Its return on asset (ROA) is -28.06% on average.
