A new trading day began on Friday, with Dada Nexus Ltd ADR (NASDAQ: DADA) stock price down -9.92% from the previous day of trading, before settling in for the closing price of $1.31. DADA’s price has ranged from $1.04 to $4.98 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 41.02%. Meanwhile, its annual earnings per share averaged -608.11%. With a float of $256.92 million, this company’s outstanding shares have now reached $264.08 million.
Let’s determine the extent of company efficiency that accounts for 2376 employees.
Dada Nexus Ltd ADR (DADA) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Retail Industry. The insider ownership of Dada Nexus Ltd ADR is 2.71%, while institutional ownership is 14.57%.
Dada Nexus Ltd ADR (DADA) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -608.11% per share during the next fiscal year.
Dada Nexus Ltd ADR (NASDAQ: DADA) Trading Performance Indicators
Here are Dada Nexus Ltd ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.09, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.27 in one year’s time.
Technical Analysis of Dada Nexus Ltd ADR (DADA)
Looking closely at Dada Nexus Ltd ADR (NASDAQ: DADA), its last 5-days average volume was 1.98 million, which is a drop from its year-to-date volume of 2.18 million. As of the previous 9 days, the stock’s Stochastic %D was 73.17%. Additionally, its Average True Range was 0.08.
During the past 100 days, Dada Nexus Ltd ADR’s (DADA) raw stochastic average was set at 11.76%, which indicates a significant decrease from 50.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 104.62% in the past 14 days, which was higher than the 67.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.2547, while its 200-day Moving Average is $1.8762. However, in the short run, Dada Nexus Ltd ADR’s stock first resistance to watch stands at $1.2533. Second resistance stands at $1.3267. The third major resistance level sits at $1.3633. If the price goes on to break the first support level at $1.1433, it is likely to go to the next support level at $1.1067. Now, if the price goes above the second support level, the third support stands at $1.0333.
Dada Nexus Ltd ADR (NASDAQ: DADA) Key Stats
With a market capitalization of 311.61 million, the company has a total of 264,536K Shares Outstanding. Currently, annual sales are 1,480 M while annual income is -275,720 K. The company’s previous quarter sales were 324,520 K while its latest quarter income was -39,530 K.
