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The closing price of Dada Nexus Ltd ADR (NASDAQ: DADA) was $1.43 for the day, up 13.49% from the previous closing price of $1.26. In other words, the price has increased by $13.49 from its previous closing price. On the day, 2.59 million shares were traded. DADA stock price reached its highest trading level at $1.44 during the session, while it also had its lowest trading level at $1.335.
Ratios:
Our analysis of DADA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.17 and its Current Ratio is at 3.17. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On August 21, 2024, Citigroup Upgraded its rating to Neutral which previously was Sell and also upped its target price recommendation from $1 to $1.50.
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 371521120 and an Enterprise Value of -1675632896. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at -0.165 whereas that against EBITDA is 2.337.
Stock Price History:
Over the past 52 weeks, DADA has reached a high of $4.98, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is 14.45%, while the 200-Day Moving Average is calculated to be -23.40%.
Shares Statistics:
DADA traded an average of 1.27M shares per day over the past three months and 1681510 shares per day over the past ten days. A total of 264.08M shares are outstanding, with a floating share count of 256.92M. Insiders hold about 2.71% of the company’s shares, while institutions hold 14.57% stake in the company. Shares short for DADA as of 1724976000 were 3637419 with a Short Ratio of 2.87, compared to 1722384000 on 2961166. Therefore, it implies a Short% of Shares Outstanding of 3637419 and a Short% of Float of 2.93.
