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After finishing at $1.86 in the prior trading day, Dada Nexus Ltd ADR (NASDAQ: DADA) closed at $1.87, up 0.54%. In other words, the price has increased by $0.54 from its previous closing price. On the day, 1.6 million shares were traded. DADA stock price reached its highest trading level at $1.88 during the session, while it also had its lowest trading level at $1.86.
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 3.25 and its Current Ratio is at 3.27. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 482920032 and an Enterprise Value of -1031535744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 0.98. Its current Enterprise Value per Revenue stands at -0.107 whereas that against EBITDA is 1.687.
Stock Price History:
The Beta on a monthly basis for DADA is 1.31, which has changed by 0.021857977 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. Over the past 52 weeks, DADA has reached a high of $2.52, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is 0.10%, while the 200-Day Moving Average is calculated to be 20.14%.
Shares Statistics:
The stock has traded on average 2.43M shares per day over the past 3-months and 3600870 shares per day over the last 10 days, according to various share statistics. A total of 259.16M shares are outstanding, with a floating share count of 258.57M. Insiders hold about 0.23% of the company’s shares, while institutions hold 8.71% stake in the company. Shares short for DADA as of 1743379200 were 3335889 with a Short Ratio of 1.37, compared to 1740700800 on 2985628. Therefore, it implies a Short% of Shares Outstanding of 3335889 and a Short% of Float of 2.8399997999999997.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
