Dingdong (Cayman) Ltd ADR (DDL) Stock: Navigating the Market Volatility

The stock of Dingdong (Cayman) Ltd ADR (DDL) has seen a -6.74% decrease in the past week, with a 43.10% gain in the past month, and a 104.43% flourish in the past quarter. The volatility ratio for the week is 11.62%, and the volatility levels for the past 30 days are at 9.21% for DDL. The simple moving average for the last 20 days is 10.31% for DDL stock, with a simple moving average of 99.97% for the last 200 days.

Is It Worth Investing in Dingdong (Cayman) Ltd ADR (NYSE: DDL) Right Now?

The price-to-earnings ratio for Dingdong (Cayman) Ltd ADR (NYSE: DDL) is above average at 33.02x, Company’s 36-month beta value is 0.33.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 4 as “overweight,” 2 as “hold,” and 1 as “sell.”

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The public float for DDL is 144.84M, and currently, short sellers hold a 0.85% ratio of that floaft. The average trading volume of DDL on November 13, 2024 was 1.22M shares.

DDL) stock’s latest price update

The stock of Dingdong (Cayman) Ltd ADR (NYSE: DDL) has increased by 5.87 when compared to last closing price of 3.92. Despite this, the company has experienced a -6.74% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-12 that Dingdong’s Q3 2024 net income was +5% above consensus, as its revenue grew +27% YoY and its operating margin improved by +186 basis points YoY for the recent quarter. DDL’s financial outlook for Q4 2024 and FY 2024 is positive, considering expectations of an increase in new frontline fulfillment station openings and an improvement in operating efficiency. I raise my rating for DDL to a Buy, taking into account its performance, prospects, and valuations.

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 24.10% 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 -9.78% of loss for the given period.

Volatility was left at 9.21%, however, over the last 30 days, the volatility rate increased by 11.62%, as shares surge +35.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +81.82% upper at present.

During the last 5 trading sessions, DDL fell by -5.62%, which changed the moving average for the period of 200-days by +215.79% in comparison to the 20-day moving average, which settled at $3.76. In addition, Dingdong (Cayman) Ltd ADR saw 176.67% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for DDL

Current profitability levels for the company are sitting at:

  • 0.0 for the present operating margin
  • 0.3 for the gross margin

The net margin for Dingdong (Cayman) Ltd ADR stands at 0.0. The total capital return value is set at 0.01. Equity return is now at value 38.60, with 2.67 for asset returns.

Based on Dingdong (Cayman) Ltd ADR (DDL), the company’s capital structure generated 0.78 points at debt to capital in total, while cash flow to debt ratio is standing at 0.32. The debt to equity ratio resting at 3.47. The interest coverage ratio of the stock is 0.16.

Currently, EBITDA for the company is 65.74 million with net debt to EBITDA at 11.44. When we switch over and look at the enterprise to sales, we see a ratio of 0.39. The receivables turnover for the company is 185.25for trailing twelve months and the total asset turnover is 3.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.

Conclusion

In a nutshell, Dingdong (Cayman) Ltd ADR (DDL) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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