Dada Nexus Ltd ADR (DADA) kicked off at the price of $1.85: Venture capitalists have an exciting new opportunity

On Friday, Dada Nexus Ltd ADR (NASDAQ: DADA) was unchanged from the session before settling in for the closing price of $1.85. A 52-week range for DADA has been $1.04 – $4.98.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 41.02%. When this article was written, the company’s average yearly earnings per share was at -619.05%. With a float of $256.92 million, this company’s outstanding shares have now reached $264.08 million.

Considering the fact that the conglomerate employs 2376 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 29.93%, operating margin of -22.18%, and the pretax margin is -20.86%.

Dada Nexus Ltd ADR (DADA) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Dada Nexus Ltd ADR stocks. The insider ownership of Dada Nexus Ltd ADR is 2.71%, while institutional ownership is 10.49%.

Dada Nexus Ltd ADR (DADA) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around -619.05% per share during the next fiscal year.

Dada Nexus Ltd ADR (NASDAQ: DADA) Trading Performance Indicators

You can see what Dada Nexus Ltd ADR (DADA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.34.

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)

Compared to the last year’s volume of 2.34 million, its volume of 3.92 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 18.63%. Additionally, its Average True Range was 0.19.

During the past 100 days, Dada Nexus Ltd ADR’s (DADA) raw stochastic average was set at 54.73%, which indicates a significant increase from 43.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 149.10% in the past 14 days, which was higher than the 86.45% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.4136, while its 200-day Moving Average is $1.7843. Nevertheless, the first resistance level for the watch stands at $1.9100 in the near term. At $1.9700, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.0450. If the price goes on to break the first support level at $1.7750, it is likely to go to the next support level at $1.7000. Now, if the price goes above the second support level, the third support stands at $1.6400.

Dada Nexus Ltd ADR (NASDAQ: DADA) Key Stats

There are 264,536K outstanding shares of the company, which has a market capitalization of 488.55 million. As of now, sales total 1,480 M while income totals -275,720 K. Its latest quarter income was 324,520 K while its last quarter net income were -39,530 K.