During the last session, Dada Nexus Ltd ADR (NASDAQ:DADA)’s traded shares were 0.64 million, with the beta value of the company hitting 1.39. The 52-week high for the DADA share is $4.55, that puts it down -172.46 from that peak though still a striking 37.72% gain since the share price plummeted to a 52-week low of $1.04. The company’s market capitalization is $441.01M, and the average intraday trading volume over the past 10 days was 1.03 million shares, and the average trade volume was 1.95 million shares over the past three months.
Dada Nexus Ltd ADR (DADA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.30. DADA has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.11.
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Dada Nexus Ltd ADR (NASDAQ:DADA) trade information
The stock’s 5-day price performance is -0.60%, and it has moved by -22.69% in 30 days. Based on these gigs, the overall price performance for the year is -56.74%. The short interest in Dada Nexus Ltd ADR (NASDAQ:DADA) is 2.46 million shares and it means that shorts have 0.67 day(s) to cover.
The consensus price target of analysts on Wall Street is $3.5, which implies an increase of 52.29% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $18 respectively. As a result, DADA is trading at a discount of -977.84% off the target high and -19.76% off the low.
Dada Nexus Ltd ADR (DADA) estimates and forecasts
In the rating firms’ projections, revenue will decrease -7.60% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 332.19M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 361.96M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 398.52M and 387.23M respectively. In this case, analysts expect current quarter sales to shrink by -16.60% and then drop by -6.50% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 7.91%. While earnings are projected to return -732.78% in 2024.
DADA Dividends
Dada Nexus Ltd ADR is due to release its next quarterly earnings on 2024-Nov-11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 4.61 million shares, is of ROVIDA ADVISORS INC.’s that is approximately 1.7456% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $5.81 million.
