Dada Nexus Ltd ADR (NASDAQ:DADA) has a beta value of 1.38 and has seen 0.42 million shares traded in the recent trading session. The company, currently valued at $447.62M, closed the recent trade at $1.70 per share which meant it gained $0.06 on the day or 3.35% during that session. The DADA stock price is -167.65% off its 52-week high price of $4.55 and 38.82% 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 0.89 million shares traded. The 3-month trading volume is 1.93 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
Sporting 3.35% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the DADA stock price touched $1.70 or saw a rise of 5.84%. Year-to-date, Dada Nexus Ltd ADR shares have moved -48.95%, while the 5-day performance has seen it change -3.69%. Over the past 30 days, the shares of Dada Nexus Ltd ADR (NASDAQ:DADA) have changed -31.93%. Short interest in the company has seen 2.46 million shares shorted with days to cover at 0.67.
Wall Street analysts have a consensus price target for the stock at $3.5, which means that the shares’ value could jump 51.43% from the levels at last check today.. The projected low price target is $2.0 while the price target rests at a high of $18.0. In that case, then, we find that the latest price level in today’s session is -958.82% off the targeted high while a plunge would see the stock gain -17.65% from the levels at last check today..
Dada Nexus Ltd ADR (DADA) estimates and forecasts
The company’s shares have lost -15.25% over the past 6 months, compared to 19.20% for the industry. Revenue growth from the last financial year stood is estimated to be -7.60%.
5 analysts offering their estimates for the company have set an average revenue estimate of 332.06M for the current quarter. 5 have an estimated revenue figure of 361.82M 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 -16.70% for the current quarter and -7.60% 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 on 2024-Nov-11 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.
