DADA has 36-month beta value of 1.45. Analysts have mixed views 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 DADA is 256.96M, and currently, short sellers hold a 1.13% ratio of that float. The average trading volume of DADA on May 09, 2024 was 1.84M shares.
DADA) stock’s latest price update
The stock of Dada Nexus Ltd ADR (NASDAQ: DADA) has decreased by 0.00 when compared to last closing price of 2.00. Despite this, the company has experienced a -0.99% fall in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-07 that Dada Nexus Limited (DADA) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our ‘Fast-Paced Momentum at a Bargain’ screen.
DADA’s Market Performance
Dada Nexus Ltd ADR (DADA) has experienced a -0.99% fall in stock performance for the past week, with a 0.50% rise in the past month, and a 7.82% rise in the past quarter. The volatility ratio for the week is 5.44%, and the volatility levels for the past 30 days are at 5.37% for DADA. The simple moving average for the past 20 days is 1.01% for DADA’s stock, with a -40.48% simple moving average for the past 200 days.
Analysts’ Opinion of DADA
New Street, on the other hand, stated in their research note that they expect to see DADA reach a price target of $2, previously predicting the price at $15. The rating they have provided for DADA stocks is “Neutral” according to the report published on March 06th, 2024.
DADA Trading at -6.76% 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 -71.55% of loss for the given period.
Volatility was left at 5.37%, however, over the last 30 days, the volatility rate increased by 5.44%, as shares sank -0.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.89% lower at present.
During the last 5 trading sessions, DADA fell by -0.99%, which changed the moving average for the period of 200-days by -63.30% in comparison to the 20-day moving average, which settled at $1.98. In addition, Dada Nexus Ltd ADR saw -39.76% 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:
- -0.2 for the present operating margin
- 0.38 for the gross margin
The net margin for Dada Nexus Ltd ADR stands at -0.19. The total capital return value is set at -0.38. 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 -55.33. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -2612.8.
Currently, EBITDA for the company is -488.42 million with net debt to EBITDA at 0.96. When we switch over and look at the enterprise to sales, we see a ratio of 0.18. The receivables turnover for the company is 5.08for trailing twelve months and the total asset turnover is 1.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.04.
Conclusion
To put it simply, Dada Nexus Ltd ADR (DADA) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
