Dada Nexus Ltd ADR (NASDAQ:DADA)’s traded shares stood at 2.92 million during the last session, with the company’s beta value hitting 1.32. At the close of trading, the stock’s price was $2.16, to imply a decrease of -5.26% or -$0.12 in intraday trading. The DADA share’s 52-week high remains $4.98, putting it -130.56% down since that peak but still an impressive 51.85% since price per share fell to its 52-week low of $1.04. The company has a valuation of $570.41M, with an average of 4.31 million shares in intraday trading volume over the past 10 days and average of 1.63 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Dada Nexus Ltd ADR (DADA), translating to a mean rating of 2.30. Of 2 analyst(s) looking at the stock, 0 analyst(s) give DADA a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.11.
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Dada Nexus Ltd ADR (NASDAQ:DADA) trade information
After registering a -5.26% downside in the last session, Dada Nexus Ltd ADR (DADA) has traded red over the past five days. The 5-day price performance for the stock is 35.00%, and 96.36% over 30 days. With these gigs, the year-to-date price performance is -34.94%. Short interest in Dada Nexus Ltd ADR (NASDAQ:DADA) saw shorts transact 2.97 million shares and set a 2.56 days time to cover.
The extremes give us $1.5 and $18 for target low and target high price respectively. As such, DADA has been trading -733.33% off suggested target high and 30.56% from its likely low.
Dada Nexus Ltd ADR (DADA) estimates and forecasts
The rating firms project that company’s revenue will shrink -6.50% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 336.02M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 366.14M.Earnings reports from the last fiscal year show that sales brought in 398.52M and 387.23M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -15.70% before dropping -5.40% in the following quarter.
DADA Dividends
Dada Nexus Ltd ADR has its next earnings report out in November. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is ROVIDA ADVISORS INC. with 4.61 million shares, or about 1.7456% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $5.81 million.
