Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Dada Nexus Ltd ADR’s stock clocked out at $1.90, up 2.15% from its previous closing price of $1.86. In other words, the price has increased by $2.15 from its previous closing price. On the day, 2.25 million shares were traded. DADA stock price reached its highest trading level at $1.98 during the session, while it also had its lowest trading level at $1.88.
Ratios:
To gain a deeper understanding of DADA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.03 and its Current Ratio is at 3.04. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 the company, New Street on March 06, 2024, Downgraded its rating to Neutral and sets its target price to $2 from $15 previously.
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 497820896 and an Enterprise Value of -1483802880. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at -0.141 whereas that against EBITDA is 2.269.
Stock Price History:
Over the past 52 weeks, DADA has reached a high of $7.03, while it has fallen to a 52-week low of $1.36. The 50-Day Moving Average of the stock is -11.15%, while the 200-Day Moving Average is calculated to be -46.95%.
Shares Statistics:
It appears that DADA traded 2.16M shares on average per day over the past three months and 1604830 shares per day over the past ten days. A total of 262.01M shares are outstanding, with a floating share count of 254.95M. Insiders hold about 2.70% of the company’s shares, while institutions hold 21.56% stake in the company. Shares short for DADA as of 1711584000 were 4207260 with a Short Ratio of 1.95, compared to 1709164800 on 3913332. Therefore, it implies a Short% of Shares Outstanding of 4207260 and a Short% of Float of 3.46.
Earnings Estimates
The dynamic stock of Dada Nexus Ltd ADR (DADA) is currently attracting attention from Dada Nexus Limited analysts actively involved in rating its market status.
