Dada Nexus Ltd ADR (NASDAQ:DADA) currently has a daily average trading volume of 1.90M but it saw 1408139 shares traded in last market. With a market cap of 485.91M USD, the company’s current market price of $1.84 came rising about 0.55 while comparing to the previous closing price of $1.83. 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 $1.82 while lowest mark touched by it was $1.86.
Taking a look at 20-day trading activity of Dada Nexus Ltd ADR (DADA) gives us an average price of $1.6595, while its current price level is -34.98% below from 52-week high level whereas it is 76.92% 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 $1.4876 while that of 200 days or SMA-200 reads an average of $1.5281. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.32% during that period while stretching the period over a month that increases to 4.20%. 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 70.84 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 -0.54% down while it is 50.82% when we observe its performance for the past one month. Year-to-date it is 52.07% up and over the past year, the stock is showing an upside performance of 5.75%.
The company is expected to be releasing its next quarterly report in March, 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 1.41. Stock has a price to book (P/B) ratio of 0.72 while price to sale or P/S ratio amounts to 0.35. Its return on asset (ROA) is -28.06% on average.
