DoorDash Inc (DASH) concluded trading on Wednesday at a closing price of $132.48, with 4.91 million shares of worth about $650.56 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 1.26% during that period and on September 18, 2024 the price saw a gain of about 2.00%. Currently the company’s common shares owned by public are about 375.99M shares, out of which, 307.32M shares are available for trading.
Stock saw a price change of 1.89% in past 5 days and over the past one month there was a price change of 2.25%. Year-to-date (YTD), DASH shares are showing a performance of 33.97% which increased to 63.72% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $69.90 but also hit the highest price of $143.34 during that period. The average intraday trading volume for DoorDash Inc shares is 4.09 million. The stock is currently trading 3.61% above its 20-day simple moving average (SMA20), while that difference is up 11.22% for SMA50 and it goes to 13.40% higher than SMA200.
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DoorDash Inc (NASDAQ: DASH) currently have 375.99M outstanding shares and institutions hold larger chunk of about 67.20% of that.
The stock has a current market capitalization of $54.52B and its 3Y-monthly beta is at 1.68. It has posted earnings per share of -$1.01 in the same period. It has Quick Ratio of 1.63 while making debt-to-equity ratio of 0.07. 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 2.35% while standing at 2.63% over the month.
Stock’s fiscal year EPS is expected to rise by 101.84% while it is estimated to increase by 6196.04% in next year. EPS is likely to grow at an annualized rate of 43.50% for next 5-years, compared to annual growth of -16.86% made by the stock over the past 5-years.
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 Cantor Fitzgerald on September 05, 2024 offering an Overweight rating for the stock and assigned a target price of $160 to it. Coverage by Redburn Atlantic stated DoorDash Inc (DASH) stock as a Buy in their note to investors on July 26, 2024, suggesting a price target of $170 for the stock. On July 23, 2024, Argus Initiated their recommendations, while on July 16, 2024, Wolfe Research Initiated their ratings for the stock with a price target of $130. Stock get a Sector weight rating from KeyBanc Capital Markets on July 11, 2024.
