Dada Nexus Ltd ADR (NASDAQ: DADA) is 59.50% 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 $1.89 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $1.93, the stock is 2.74% and 3.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.49 million and changing 2.12% at the moment leaves the stock 22.59% off its SMA200. DADA registered -3.50% loss for a year compared to 6-month gain of 16.97%. The firm has a 50-day simple moving average (SMA 50) of $1.8737 and a 200-day simple moving average (SMA200) of $1.5743.
The stock witnessed a 4.32% loss in the last 1 month and extending the period to 3 months gives it a 7.22%, and is 4.32% 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 1.61% over the week and 1.39% over the month.
Dada Nexus Ltd ADR (DADA) has around 2159 employees, a market worth around $500.20M and $1.34B in sales. Profit margin for the company is -21.10%. Distance from 52-week low is 85.58% and -23.41% from its 52-week high. The company has generated returns on investments over the last 12 months (-56.90%).
with sales reaching $2.75B over the same period.The EPS is expected to shrink by -483.30% this year, but quarterly earnings will post 13.00% year-over-year. Quarterly sales are estimated to grow 12.21% in year-over-year returns.
Dada Nexus Ltd ADR (DADA) Top Institutional Holders
88.0 institutions hold shares in Dada Nexus Ltd ADR (DADA), with institutional investors hold 13.96% of the company’s shares. The shares outstanding are 259.16M, and float is at 258.57M with Short Float at 1.22%. Institutions hold 13.61% of the Float.
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 0.6293% 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 0.4419 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.43 million shares representing 0.3283% and valued at over $4.32 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.
Dada Nexus Ltd ADR (DADA) Insider Activity
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