Dada Nexus Ltd ADR (NASDAQ: DADA) is -45.48% lower on its value in year-to-date trading and has touched a low of $1.04 and a high of $4.55 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 $1.68 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $1.81, the stock is 7.55% and 15.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.53 million and changing 7.74% at the moment leaves the stock 5.02% off its SMA200. DADA registered -54.86% loss for a year compared to 6-month gain of -9.50%. The firm has a 50-day simple moving average (SMA 50) of $1.5527 and a 200-day simple moving average (SMA200) of $1.725425.
The stock witnessed a -10.17% loss in the last 1 month and extending the period to 3 months gives it a 42.52%, and is 8.38% up 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 6.07% over the week and 7.16% over the month.
Dada Nexus Ltd ADR (DADA) has around 2376 employees, a market worth around $477.98M and $1.44B in sales. Profit margin for the company is -19.80%. Distance from 52-week low is 74.04% and -60.20% from its 52-week high. The company has generated returns on investments over the last 12 months (-41.92%).
Dada Nexus Ltd ADR quarterly earnings per share for the current quarter are estimated at -0.11 with sales reaching $329.51M over the same period.The EPS is expected to shrink by -738.51% this year, but quarterly earnings will post -8.30% year-over-year. Quarterly sales are estimated to shrink -17.30% in year-over-year returns.
The shares outstanding are 264.08M, and float is at 256.92M with Short Float at 0.96%.
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.
