Dada Nexus Ltd ADR (NASDAQ: DADA) is 55.37% higher on its value in year-to-date trading and has touched a low of $1.04 and a high of $2.83 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DADA stock was last observed hovering at around $1.85 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $1.88, the stock is 9.40% and 25.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.75 million and changing 1.62% at the moment leaves the stock 23.18% off its SMA200. DADA registered 8.67% gain for a year compared to 6-month loss of 46.88%. The firm has a 50-day simple moving average (SMA 50) of $1.5038 and a 200-day simple moving average (SMA200) of $1.526175.
The stock witnessed a 49.21% gain in the last 1 month and extending the period to 3 months gives it a 20.90%, and is 2.73% 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 2.09% over the week and 3.84% over the month.
Dada Nexus Ltd ADR (DADA) has around 2376 employees, a market worth around $496.47M and $1.39B in sales. Profit margin for the company is -20.94%. Distance from 52-week low is 80.77% and -33.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-42.98%).
with sales reaching $2.39B over the same period.The EPS is expected to shrink by -777.07% this year, but quarterly earnings will post -8.16% year-over-year. Quarterly sales are estimated to shrink -13.27% in year-over-year returns.
Dada Nexus Ltd ADR (DADA) Top Institutional Holders
The shares outstanding are 264.08M, and float is at 263.48M with Short Float at 1.38%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 3.43 million shares valued at $4.32 million. The investor’s holdings represent 1.297% of the DADA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 1.9 million shares valued at $2.39 million to account for 0.7184 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 1.72 million shares representing 0.6515% and valued at over $2.17 million, while GALILEO (PTC) LTD holds 0.6293 of the shares totaling 6.57 million with a market value of $8.28 million.
Dada Nexus Ltd ADR (DADA) Insider Activity
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