DoorDash Inc (DASH) concluded trading on Wednesday at a closing price of $120.01, with 4.93 million shares of worth about $591.27 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 52.24% during that period and on Wednesday the price saw a gain of about 3.11%. Currently the company’s common shares owned by public are about 363.30M shares, out of which, 276.78M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 419 times over the past 12 months. They bought 47,563,217 shares in 102 of the transactions. In 317 selling transactions, insiders dumped 56,207,803 shares.
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However, the stock later moved at a day high price of 120.33, or with a gain of 3.11%. Stock saw a price change of 4.97% in past 5 days and over the past one month there was a price change of 15.37%. Year-to-date (YTD), DASH shares are showing a performance of 21.36% which increased to 102.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $51.50 but also hit the highest price of $120.57 during that period. The average intraday trading volume for DoorDash Inc shares is 4.24 million. The stock is currently trading 9.52% above its 20-day simple moving average (SMA20), while that difference is up 15.69% for SMA50 and it goes to 41.88% higher than SMA200.
DoorDash Inc (NASDAQ: DASH) currently have 363.30M outstanding shares and institutions hold larger chunk of about 63.46% of that.
The stock has a current market capitalization of $47.79B and its 3Y-monthly beta is at 1.73. It has posted earnings per share of -$2.69 in the same period. It has Quick Ratio of 1.71 while making debt-to-equity ratio of 0.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DASH, volatility over the week remained 2.63% while standing at 2.95% over the month.
Analysts are in expectations that DoorDash Inc (DASH) stock would likely to be making an EPS of -$0.16 in the current quarter, while forecast for next quarter EPS is -$0.13 and it is -$0.13 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.38 which is -$0.02 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$1.65 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 68.31% while it is estimated to increase by 94.45% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on January 09, 2024 offering an Outperform rating for the stock and assigned a target price of $120 to it.
