Company’s 36-month beta value is 1.37.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 6 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for DADA is 256.92M, and currently, short sellers hold a 1.15% ratio of that floaft. The average trading volume of DADA on October 22, 2024 was 1.94M shares.
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DADA) stock’s latest price update
The stock price of Dada Nexus Ltd ADR (NASDAQ: DADA) has jumped by 9.69 compared to previous close of 1.60. Despite this, the company has seen a gain of 12.50% in its stock price over the last five trading days. fool.com reported 2024-09-30 that Monday was the best day for Chinese stock indexes since 2008. Dada’s fortunes are closely tied to JD.com, which has struggled of late.
DADA’s Market Performance
Dada Nexus Ltd ADR (DADA) has experienced a 12.50% rise in stock performance for the past week, with a 39.29% rise in the past month, and a 30.00% rise in the past quarter. The volatility ratio for the week is 6.23%, and the volatility levels for the past 30 days are at 9.81% for DADA. The simple moving average for the past 20 days is -5.49% for DADA’s stock, with a 1.76% simple moving average for the past 200 days.
Analysts’ Opinion of DADA
Citigroup, on the other hand, stated in their research note that they expect to see DADA reach a price target of $1.50, previously predicting the price at $1. The rating they have provided for DADA stocks is “Neutral” according to the report published on August 21st, 2024.
DADA Trading at 20.30% 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 -61.41% of loss for the given period.
Volatility was left at 9.81%, however, over the last 30 days, the volatility rate increased by 6.23%, as shares surge +23.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.28% upper at present.
During the last 5 trading sessions, DADA rose by +13.46%, which changed the moving average for the period of 200-days by -43.81% in comparison to the 20-day moving average, which settled at $1.8578. In addition, Dada Nexus Ltd ADR saw -47.14% 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:
- -0.22 for the present operating margin
- 0.3 for the gross margin
The net margin for Dada Nexus Ltd ADR stands at -0.21. The total capital return value is set at -0.44. Equity return is now at value -34.83, with -27.36 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 12.42.
Currently, EBITDA for the company is -488.42 million with net debt to EBITDA at 1.01. When we switch over and look at the enterprise to sales, we see a ratio of 0.12. The receivables turnover for the company is 6.36for trailing twelve months and the total asset turnover is 1.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.17.
Conclusion
In a nutshell, Dada Nexus Ltd ADR (DADA) 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.
