Dada Nexus Ltd ADR (NASDAQ: DADA): Do Not Miss The Gain Train

Dada Nexus Ltd ADR (DADA) concluded trading on Tuesday at a closing price of $1.21, with 3.67 million shares of worth about $4.44 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -15.97% during that period and on December 31, 2024 the price saw a loss of about -6.20%. Currently the company’s common shares owned by public are about 264.08M shares, out of which, 256.92M shares are available for trading.

Stock saw a price change of -10.37% in past 5 days and over the past one month there was a price change of -17.12%. Year-to-date (YTD), DADA shares are showing a performance of -63.55% which decreased to -63.55% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.04 but also hit the highest price of $3.43 during that period. The average intraday trading volume for Dada Nexus Ltd ADR shares is 1.61 million. The stock is currently trading -13.63% below its 20-day simple moving average (SMA20), while that difference is down -19.47% for SMA50 and it goes to -24.42% lower than SMA200.

Dada Nexus Ltd ADR (NASDAQ: DADA) currently have 264.08M outstanding shares and institutions hold larger chunk of about 7.45% of that.

The stock has a current market capitalization of $319.54M and its 3Y-monthly beta is at 1.34. It has posted earnings per share of -$1.11 in the same period. It has Quick Ratio of 3.58 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DADA, volatility over the week remained 5.36% while standing at 5.32% over the month.

Stock’s fiscal year EPS is expected to drop by -678.19% while it is estimated to increase by 51.17% in next year.

Coverage by Citigroup stated Dada Nexus Ltd ADR (DADA) stock as a Neutral in their note to investors on August 21, 2024, suggesting a price target of $1.50 for the stock. Stock get a Neutral rating from New Street on March 06, 2024.

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