Things appear to be looking up for Dada Nexus Ltd ADR (DADA)

Dada Nexus Ltd ADR (NASDAQ: DADA) is -44.28% lower on its value in year-to-date trading and has touched a low of $1.04 and a high of $4.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DADA stock was last observed hovering at around $1.85 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $1.85, the stock is 7.08% and 30.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.81 million and changing 0.00% at the moment leaves the stock 3.69% off its SMA200. DADA registered -60.30% loss for a year compared to 6-month loss of -3.14%. The firm has a 50-day simple moving average (SMA 50) of $1.4136 and a 200-day simple moving average (SMA200) of $1.78425.

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The stock witnessed a 77.88% gain in the last 1 month and extending the period to 3 months gives it a 29.37%, and is -18.14% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.04% over the week and 9.64% over the month.

Dada Nexus Ltd ADR (DADA) has around 2376 employees, a market worth around $488.55M and $1.44B in sales. Profit margin for the company is -19.80%. Distance from 52-week low is 77.88% and -62.85% from its 52-week high. The company has generated returns on investments over the last 12 months (-41.92%).

with sales reaching $334.71M over the same period.The EPS is expected to shrink by -619.05% this year, but quarterly earnings will post -6.90% year-over-year. Quarterly sales are estimated to shrink -16.00% in year-over-year returns.

Dada Nexus Ltd ADR (DADA) Top Institutional Holders

The shares outstanding are 264.08M, and float is at 256.92M with Short Float at 1.15%.

The top institutional shareholder in the company is GALILEO (PTC) LTD with over 6.57 million shares valued at $8.28 million. The investor’s holdings represent 2.4858% of the DADA Shares outstanding. As of 2024-06-30, the second largest holder is ROVIDA ADVISORS INC. with 4.61 million shares valued at $5.81 million to account for 1.7456 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.43 million shares representing 1.297% and valued at over $4.32 million, while TT INTERNATIONAL ASSET MANAGEMENT LTD holds 1.0733 of the shares totaling 2.84 million with a market value of $3.57 million.