Dada Nexus Ltd ADR (NASDAQ: DADA) is 57.85% higher on its value in year-to-date trading and has touched a low of $1.04 and a high of $2.52 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 $1.91 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $1.91, the stock is 2.18% and 4.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.23 million and changing 0.00% at the moment leaves the stock 24.49% off its SMA200. DADA registered -10.33% loss for a year compared to 6-month loss of 0.53%. The firm has a 50-day simple moving average (SMA 50) of $1.8317 and a 200-day simple moving average (SMA200) of $1.5342.
The stock witnessed a 2.69% gain in the last 1 month and extending the period to 3 months gives it a 48.06%, and is 1.60% 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 1.27% over the week and 1.85% over the month.
Profit margin for the company is -21.10%. Distance from 52-week low is 83.65% and -24.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-56.90%).
The EPS is expected to shrink by -481.15% this year
92.0 institutions hold shares in Dada Nexus Ltd ADR (DADA), with institutional investors hold 13.78% of the company’s shares. The shares outstanding are 259.17M, and float is at 258.56M with Short Float at 1.27%. Institutions hold 13.44% of the Float.
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 GALILEO (PTC) LTD with 6.57 million shares valued at $8.28 million to account for 0.6293 of the shares outstanding. The other top investors are ROVIDA ADVISORS INC. which holds 4.61 million shares representing 0.4419 and valued at over $5.81 million, while TT INTERNATIONAL ASSET MANAGEMENT LTD holds 0.2717 of the shares totaling 2.84 million with a market value of $3.57 million.
