The stock price of Dada Nexus Ltd ADR (NASDAQ: DADA) has dropped by -2.48 compared to previous close of 1.41. Despite this, the company has seen a fall of -1.79% in its stock price over the last five trading days. seekingalpha.com reported 2024-06-15 that The potential fraud case resulting in negative sentiment allows for a great entry price in this innovative business. Their cooperation with the JD Group positions them strategically in JD’s ecosystem. Dada’s tactical position as a middleman in the digitalization of retailers makes them a scalable business with great potential.
Is It Worth Investing in Dada Nexus Ltd ADR (NASDAQ: DADA) Right Now?
Moreover, the 36-month beta value for DADA is 1.36. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for DADA is 256.99M and currently, short sellers hold a 1.00% of that float. On June 25, 2024, DADA’s average trading volume was 1.73M shares.
DADA’s Market Performance
The stock of Dada Nexus Ltd ADR (DADA) has seen a -1.79% decrease in the past week, with a -23.61% drop in the past month, and a -45.65% fall in the past quarter. The volatility ratio for the week is 3.61%, and the volatility levels for the past 30 days are at 4.14% for DADA. The simple moving average for the past 20 days is -12.45% for DADA’s stock, with a -49.70% simple moving average for the past 200 days.
Analysts’ Opinion of DADA
New Street gave a rating of “Neutral” to DADA, setting the target price at $2 in the report published on March 06th of the current year.
DADA Trading at -23.48% 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 -79.87% of loss for the given period.
Volatility was left at 4.14%, however, over the last 30 days, the volatility rate increased by 3.61%, as shares sank -23.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.53% lower at present.
During the last 5 trading sessions, DADA fell by -2.50%, which changed the moving average for the period of 200-days by -73.24% in comparison to the 20-day moving average, which settled at $1.5493. In addition, Dada Nexus Ltd ADR saw -58.58% 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
- 0.33 for the gross margin
The net margin for Dada Nexus Ltd ADR stands at -0.19. The total capital return value is set at -0.4. Equity return is now at value -31.66, with -24.85 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 -81.36. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -5862.39.
Currently, EBITDA for the company is -488.42 million with net debt to EBITDA at 1.38. When we switch over and look at the enterprise to sales, we see a ratio of -0.0. The receivables turnover for the company is 6.93for trailing twelve months and the total asset turnover is 1.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.45.
Conclusion
To wrap up, the performance of Dada Nexus Ltd ADR (DADA) has been bad in recent times. The stock has received a mixed of “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.
