In the last trading session, 1.69 million Dada Nexus Ltd ADR (NASDAQ:DADA) shares changed hands as the company’s beta touched 1.46. With the company’s per share price at $2.05 changed hands at -$0.12 or -5.53% during last session, the market valuation stood at $541.36M. DADA’s last price was a discount, traded about -242.93% off its 52-week high of $7.03. The share price had its 52-week low at $1.36, which suggests the last value was 33.66% up since then. When we look at Dada Nexus Ltd ADR’s average trading volume, we note the 3-month average coming to 1.89 million.
Dada Nexus Ltd ADR (NASDAQ:DADA) trade information
Instantly DADA was in red as seen at the end of in last trading. With action -2.38%, the performance over the past five days has been red. The drop to weekly highs of 2.23 subtracted -5.53% to the stock’s daily price. The company’s shares are showing year-to-date downside of -38.25%, with the 5-day performance at -2.38% in the red. However, in the 30-day time frame, Dada Nexus Ltd ADR (NASDAQ:DADA) is 3.54% up.
Dada Nexus Ltd ADR (DADA) estimates and forecasts
Data shows that the Dada Nexus Ltd ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -47.84% over the past 6 months, a 283.33% in annual growth rate that is considerably higher than the industry average of 20.00%. Year-over-year growth is forecast to reach 16.60% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 367.96M. 1 analysts are of the opinion that Dada Nexus Ltd ADR’s revenue for the current quarter will be 401.54M. The company’s revenue for the corresponding quarters a year ago was 356.61M and 383.14M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 3.20%. The estimates for the next quarter sales put growth at 4.80%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 7.91%. The 2024 estimates are for Dada Nexus Ltd ADR earnings to increase by 202.40%.
