The stock of Dingdong (Cayman) Ltd ADR (NYSE: DDL) has increased by 10.16 when compared to last closing price of 1.23.Despite this, the company has seen a gain of 17.83% in its stock price over the last five trading days. Seeking Alpha reported 2024-02-29 that Dingdong (Cayman) Limited (NYSE:DDL) Q4 2023 Earnings Conference Call February 29, 2024 7:00 AM ET
Is It Worth Investing in Dingdong (Cayman) Ltd ADR (NYSE: DDL) Right Now?
Company’s 36-month beta value is 0.06.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DDL is 144.89M, and currently, short sellers hold a 1.67% ratio of that floaft. The average trading volume of DDL on April 26, 2024 was 296.18K shares.
DDL’s Market Performance
The stock of Dingdong (Cayman) Ltd ADR (DDL) has seen a 17.83% increase in the past week, with a 12.92% rise in the past month, and a 4.23% gain in the past quarter. The volatility ratio for the week is 6.57%, and the volatility levels for the past 30 days are at 7.55% for DDL. The simple moving average for the last 20 days is 10.57% for DDL’s stock, with a simple moving average of -22.60% for the last 200 days.
Analysts’ Opinion of DDL
Many brokerage firms have already submitted their reports for DDL stocks, with Daiwa Securities repeating the rating for DDL by listing it as a “Neutral.” The predicted price for DDL in the upcoming period, according to Daiwa Securities is $2.80 based on the research report published on August 01, 2023 of the previous year 2023.
JP Morgan, on the other hand, stated in their research note that they expect to see DDL reach a price target of $7, previously predicting the price at $2.50. The rating they have provided for DDL stocks is “Overweight” according to the report published on May 16th, 2022.
Morgan Stanley gave a rating of “Underweight” to DDL, setting the target price at $4.20 in the report published on March 21st of the previous year.
DDL Trading at 9.31% from the 50-Day Moving Average
After a stumble in the market that brought DDL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.79% of loss for the given period.
Volatility was left at 7.55%, however, over the last 30 days, the volatility rate increased by 6.57%, as shares surge +10.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.03% upper at present.
During the last 5 trading sessions, DDL rose by +17.57%, which changed the moving average for the period of 200-days by -54.32% in comparison to the 20-day moving average, which settled at $1.2321. In addition, Dingdong (Cayman) Ltd ADR saw -9.67% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DDL
Current profitability levels for the company are sitting at:
- -0.0 for the present operating margin
- 0.31 for the gross margin
The net margin for Dingdong (Cayman) Ltd ADR stands at -0.0. The total capital return value is set at -0.05. Equity return is now at value -29.23, with -1.16 for asset returns.
Based on Dingdong (Cayman) Ltd ADR (DDL), the company’s capital structure generated 0.92 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 12.33. The interest coverage ratio of the stock is -0.5.
Currently, EBITDA for the company is -666.43 million with net debt to EBITDA at 38.48. When we switch over and look at the enterprise to sales, we see a ratio of 0.27. The receivables turnover for the company is 162.76for trailing twelve months and the total asset turnover is 2.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.95.
Conclusion
In a nutshell, Dingdong (Cayman) Ltd ADR (DDL) has experienced a mixed 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.
