Dada Nexus Ltd ADR (NASDAQ:DADA) currently has a daily average trading volume of 2.77M but it saw 2996184 shares traded in last market. With a market cap of 526.12M USD, the company’s current market price of $2.03 came falling about -0.98 while comparing to the previous closing price of $2.05. 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.
Taking a look at 20-day trading activity of Dada Nexus Ltd ADR (DADA) gives us an average price of $1.94, while its current price level is -19.44% below from 52-week high level whereas it is 95.19% 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 $1.90 while that of 200 days or SMA-200 reads an average of $1.61. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.15% during that period while stretching the period over a month that decreases to 1.63%. 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 68.35 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 1.50% up while it is 8.56% when we observe its performance for the past one month. Year-to-date it is 67.77% up and over the past year, the stock is showing an upside performance of 6.28%.
Currently, Dada Nexus Ltd ADR’s total number of outstanding shares is 259.16M with 2.53% of that held by the insiders while 16.42% 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 1.34. Stock has a price to book (P/B) ratio of 1.06 while price to sale or P/S ratio amounts to 0.39. Its return on asset (ROA) is -31.80% on average.
