Company’s 36-month beta value is 1.50.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 6 as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for DADA is 254.93M, and currently, short sellers hold a 1.54% ratio of that floaft. The average trading volume of DADA on April 01, 2024 was 3.59M shares.
DADA) stock’s latest price update
Dada Nexus Ltd ADR (NASDAQ: DADA)’s stock price has gone rise by 3.66 in comparison to its previous close of 2.05, however, the company has experienced a -8.01% decrease in its stock price over the last five trading days. GlobeNewsWire reported 2024-03-22 that SHANGHAI, China, March 22, 2024 (GLOBE NEWSWIRE) — Dada Nexus Limited (NASDAQ: DADA, “Dada” or the “Company”), China’s leading local on-demand retail and delivery platform, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, on Monday, March 25, 2024, after the close of U.S. markets.
DADA’s Market Performance
DADA’s stock has fallen by -8.01% in the past week, with a monthly rise of 1.19% and a quarterly drop of -39.11%. The volatility ratio for the week is 7.44% while the volatility levels for the last 30 days are 7.48% for Dada Nexus Ltd ADR The simple moving average for the past 20 days is -9.57% for DADA’s stock, with a -45.07% simple moving average for the past 200 days.
Analysts’ Opinion of DADA
Many brokerage firms have already submitted their reports for DADA stocks, with New Street repeating the rating for DADA by listing it as a “Neutral.” The predicted price for DADA in the upcoming period, according to New Street is $2 based on the research report published on March 06, 2024 of the current year 2024.
DADA Trading at -0.41% from the 50-Day Moving Average
After a stumble in the market that brought DADA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.18% of loss for the given period.
Volatility was left at 7.48%, however, over the last 30 days, the volatility rate increased by 7.44%, as shares sank -2.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.33% upper at present.
During the last 5 trading sessions, DADA fell by -7.79%, which changed the moving average for the period of 200-days by -64.85% in comparison to the 20-day moving average, which settled at $2.35. In addition, Dada Nexus Ltd ADR saw -35.99% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DADA
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.39 for the gross margin
The net margin for Dada Nexus Ltd ADR stands at -0.1. The total capital return value is set at -0.17. Equity return is now at value -30.62, with -23.14 for asset returns.
Based on Dada Nexus Ltd ADR (DADA), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -42.17. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -189.91.
Currently, EBITDA for the company is -2.0 billion with net debt to EBITDA at 1.79. When we switch over and look at the enterprise to sales, we see a ratio of 0.19. The receivables turnover for the company is 7.63for trailing twelve months and the total asset turnover is 1.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.04.
Conclusion
In a nutshell, Dada Nexus Ltd ADR (DADA) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
