Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Dada Nexus Ltd ADR (NASDAQ: DADA) closed at $1.29 down -5.15% from its previous closing price of $1.36. In other words, the price has decreased by -$5.15 from its previous closing price. On the day, 2.07 million shares were traded. DADA stock price reached its highest trading level at $1.36 during the session, while it also had its lowest trading level at $1.28.
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 3.58 and its Current Ratio is at 3.59. 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 335148416 and an Enterprise Value of -1727831424. 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 0.50. Its current Enterprise Value per Revenue stands at -0.17 whereas that against EBITDA is 2.409.
Stock Price History:
Over the past 52 weeks, DADA has reached a high of $3.67, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is -14.63%, while the 200-Day Moving Average is calculated to be -19.76%.
Shares Statistics:
For the past three months, DADA has traded an average of 1.72M shares per day and 784360 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 7.45% stake in the company. Shares short for DADA as of 1730332800 were 2181478 with a Short Ratio of 1.01, compared to 1727654400 on 2961760. Therefore, it implies a Short% of Shares Outstanding of 2181478 and a Short% of Float of 1.83.
