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In the latest session, Dada Nexus Ltd ADR (NASDAQ: DADA) closed at $1.43 down -5.92% from its previous closing price of $1.52. In other words, the price has decreased by -$5.92 from its previous closing price. On the day, 1.24 million shares were traded. DADA stock price reached its highest trading level at $1.48 during the session, while it also had its lowest trading level at $1.41.
Ratios:
For a deeper understanding of Dada Nexus Ltd ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.45 and its Current Ratio is at 3.45. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
New Street Downgraded its Buy to Neutral on March 06, 2024, whereas the target price for the stock was revised from $15 to $2.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DADA now has a Market Capitalization of 378286464 and an Enterprise Value of -1773166336. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at -0.17 whereas that against EBITDA is 2.915.
Stock Price History:
The Beta on a monthly basis for DADA is 1.37, which has changed by -0.7266187 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, DADA has reached a high of $6.83, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is -14.08%, while the 200-Day Moving Average is calculated to be -43.57%.
Shares Statistics:
For the past three months, DADA has traded an average of 1.64M shares per day and 1408380 over the past ten days. A total of 264.08M shares are outstanding, with a floating share count of 256.99M. Insiders hold about 2.68% of the company’s shares, while institutions hold 21.11% stake in the company. Shares short for DADA as of 1719532800 were 3420968 with a Short Ratio of 2.08, compared to 1717113600 on 2571026. Therefore, it implies a Short% of Shares Outstanding of 3420968 and a Short% of Float of 2.76.
