Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $1.37 in the prior trading day, Dada Nexus Ltd ADR (NASDAQ: DADA) closed at $1.32, down -3.65%. In other words, the price has decreased by -$3.65 from its previous closing price. On the day, 1.47 million shares were traded. DADA stock price reached its highest trading level at $1.3799 during the session, while it also had its lowest trading level at $1.3.
Ratios:
Our goal is to gain a better understanding of DADA by taking a closer look at its different 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 349187520 and an Enterprise Value of -1984594176. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.23 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at -0.19 whereas that against EBITDA is 3.263.
Stock Price History:
Over the past 52 weeks, DADA has reached a high of $5.82, while it has fallen to a 52-week low of $1.21. The 50-Day Moving Average of the stock is -5.05%, while the 200-Day Moving Average is calculated to be -39.29%.
Shares Statistics:
The stock has traded on average 1.25M shares per day over the past 3-months and 811030 shares per day over the last 10 days, according to various share statistics. 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 14.85% stake in the company. Shares short for DADA as of 1722384000 were 2961166 with a Short Ratio of 2.36, compared to 1719532800 on 3420968. Therefore, it implies a Short% of Shares Outstanding of 2961166 and a Short% of Float of 2.39.
