Dada Nexus Ltd ADR (NASDAQ:DADA) has a beta value of 1.37 and has seen 2.81 million shares traded in the last trading session. The DADA stock price is -169.19% off its 52-week high price of $4.98 and 43.78% above the 52-week low of $1.04. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.75 million shares traded. The 3-month trading volume is 1.89 million shares.
The consensus among analysts is that Dada Nexus Ltd ADR (DADA) is Buy stock at the moment, with a recommendation rating of 2.30. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.11.
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Dada Nexus Ltd ADR (NASDAQ:DADA) trade information
Over the past 30 days, the shares of Dada Nexus Ltd ADR (NASDAQ:DADA) have changed 77.88%. Short interest in the company has seen 2.96 million shares shorted with days to cover at 1.34.
Wall Street analysts have a consensus price target for the stock at $3.5, which means that the shares’ value could jump 47.14% from current levels. The projected low price target is $1.5 while the price target rests at a high of $18.0. In that case, then, we find that the current price level is -872.97% off the targeted high while a plunge would see the stock lose 18.92% from current levels.
Dada Nexus Ltd ADR (DADA) estimates and forecasts
The company’s shares have lost -3.14% over the past 6 months, compared to 18.40% for the industry. Revenue growth from the last financial year stood is estimated to be -6.90%.
5 analysts offering their estimates for the company have set an average revenue estimate of 334.71M for the current quarter. 5 have an estimated revenue figure of 364.71M for the next ending quarter. Year-ago sales stood 398.52M and 387.23M respectively for this quarter and the next, and analysts expect sales will shrink by -16.00% for the current quarter and -6.90% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 7.91% over the past 5 years.
DADA Dividends
Dada Nexus Ltd ADR is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Dada Nexus Ltd ADR (NASDAQ:DADA)’s Major holders
The top two institutional holders are GALILEO (PTC) LTD with over 6.57 million shares worth more than $8.28 million. As of 2024-06-30, GALILEO (PTC) LTD held 2.4858% of shares outstanding.
The other major institutional holder is ROVIDA ADVISORS INC., with the holding of over 4.61 million shares as of 2024-06-30. The firm’s total holdings are worth over $5.81 million and represent 1.7456% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard International Stock Index-Total Intl Stock Indx and Vanguard International Stock Index-Emerging Markets Stk . As of Jul 31, 2024 , the former fund manager holds about 0.47% shares in the company for having 1.23 shares of worth $2.27 million while later fund manager owns 1.23 shares of worth $2.28 million as of Jul 31, 2024 , which makes it owner of about 0.47% of company’s outstanding stock.
