Dada Nexus Ltd ADR (NASDAQ:DADA) currently has a daily average trading volume of 2.45M but it saw 2803116 shares traded in last market. With a market cap of 479.46M USD, the company’s current market price of $1.85 came falling about -1.07 while comparing to the previous closing price of $1.87. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.52 and as low as $1.04. In the recent trading on the day, stock has struck highest price mark of $1.85 while lowest mark touched by it was $1.87.
Taking a look at 20-day trading activity of Dada Nexus Ltd ADR (DADA) gives us an average price of $1.8757, while its current price level is -26.59% below from 52-week high level whereas it is 77.88% 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 $1.8683 while that of 200 days or SMA-200 reads an average of $1.5595. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.08% during that period while stretching the period over a month that increases to 1.37%. 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 46.38 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 -1.07% down while it is -1.60% when we observe its performance for the past one month. Year-to-date it is 52.89% up and over the past year, the stock is showing a downside performance of -2.12%.
The company is expected to be releasing its next quarterly report on 2025-Mar-04, for which analysts forecasted an EPS of -1.06 while estimate for next year EPS is -1.5. In next quarter, company is expected to be making quarterly sales of $2.8B as analysts are expecting the sales for current fiscal year at $10.92B and seeing the company making $12.41B in sales next year. Moreover, analysts are in estimates of $2.75B for current-quarter revenue.
Currently, Dada Nexus Ltd ADR’s total number of outstanding shares is 259.16M with 2.53% of that held by the insiders while 13.60% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -56.90% and return on equity (ROE) at -44.36%. Stock’s beta reads 1.31. Stock has a price to book (P/B) ratio of 0.97 while price to sale or P/S ratio amounts to 0.36. Its return on asset (ROA) is -31.80% on average.
