In the past week, DADA stock has gone down by -4.07%, with a monthly decline of -11.30% and a quarterly plunge of -39.49%. The volatility ratio for the week is 4.09%, and the volatility levels for the last 30 days are 5.02% for Dada Nexus Ltd ADR The simple moving average for the last 20 days is -7.85% for DADA stock, with a simple moving average of -19.14% for the last 200 days.
Is It Worth Investing in Dada Nexus Ltd ADR (NASDAQ: DADA) Right Now?
Additionally, the 36-month beta value for DADA is 1.34. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 4 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for DADA is 256.92M and currently, short sellers hold a 0.68% ratio of that float. The average trading volume of DADA on December 31, 2024 was 1.61M shares.
DADA) stock’s latest price update
The stock of Dada Nexus Ltd ADR (NASDAQ: DADA) has increased by 0.39 when compared to last closing price of 1.29. Despite this, the company has experienced a -4.07% fall in its stock price over the last five trading sessions. globenewswire.com reported 2024-12-30 that LOS ANGELES, Dec. 30, 2024 (GLOBE NEWSWIRE) — The Rosen Law Firm, P.A. announces that the United States District Court for the Central District of California has approved the following announcement of a proposed class action settlement that would benefit purchasers of Dada Nexus Limited American Depositary Shares (NASDAQ: DADA):
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 -13.91% 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 -62.24% of loss for the given period.
Volatility was left at 5.02%, however, over the last 30 days, the volatility rate increased by 4.09%, as shares sank -11.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -21.04% lower at present.
During the last 5 trading sessions, DADA fell by -4.07%, which changed the moving average for the period of 200-days by -49.02% in comparison to the 20-day moving average, which settled at $1.4052. In addition, Dada Nexus Ltd ADR saw -60.99% 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:
- -0.23 for the present operating margin
- 0.29 for the gross margin
The net margin for Dada Nexus Ltd ADR stands at -0.22. The total capital return value is set at -0.47. Equity return is now at value -36.05, with -28.06 for asset returns.
Currently, EBITDA for the company is -1.45 billion with net debt to EBITDA at 1.38. When we switch over and look at the enterprise to sales, we see a ratio of -0.03. The receivables turnover for the company is 5.19for trailing twelve months and the total asset turnover is 1.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.59.
Conclusion
In conclusion, Dada Nexus Ltd ADR (DADA) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
