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As of close of business last night, DoorDash Inc’s stock clocked out at $126.93, down -0.79% from its previous closing price of $127.94. In other words, the price has decreased by -$0.79 from its previous closing price. On the day, 3.08 million shares were traded. DASH stock price reached its highest trading level at $128.75 during the session, while it also had its lowest trading level at $124.9.
Ratios:
To gain a deeper understanding of DASH’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.47. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Redburn Atlantic on July 26, 2024, initiated with a Buy rating and assigned the stock a target price of $170.
On July 16, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $130.Wolfe Research initiated its Outperform rating on July 16, 2024, with a $130 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 12 ’24 when Lee Gordon S sold 1,000 shares for $123.53 per share. The transaction valued at 123,530 led to the insider holds 101,684 shares of the business.
Lee Gordon S bought 1,000 shares of DASH for $123,530 on Aug 12 ’24. On Aug 06 ’24, another insider, Xu Tony, who serves as the CHIEF EXECUTIVE OFFICER of the company, sold 54,166 shares for $123.43 each. As a result, the insider received 6,685,880 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DASH now has a Market Capitalization of 52236898304 and an Enterprise Value of 48342597632. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.44 while its Price-to-Book (P/B) ratio in mrq is 7.32. Its current Enterprise Value per Revenue stands at 5.03 whereas that against EBITDA is -374.749.
Stock Price History:
The Beta on a monthly basis for DASH is 1.62, which has changed by 0.6298151 over the last 52 weeks, in comparison to a change of 0.24822903 over the same period for the S&P500. Over the past 52 weeks, DASH has reached a high of $143.34, while it has fallen to a 52-week low of $69.90. The 50-Day Moving Average of the stock is 14.24%, while the 200-Day Moving Average is calculated to be 13.30%.
Shares Statistics:
It appears that DASH traded 4.43M shares on average per day over the past three months and 6457690 shares per day over the past ten days. A total of 375.99M shares are outstanding, with a floating share count of 306.32M. Insiders hold about 25.57% of the company’s shares, while institutions hold 64.02% stake in the company. Shares short for DASH as of 1722384000 were 11850345 with a Short Ratio of 2.68, compared to 1719532800 on 16588758. Therefore, it implies a Short% of Shares Outstanding of 11850345 and a Short% of Float of 3.11.
