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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
