Dada Nexus Ltd ADR (NASDAQ:DADA) has a beta value of 1.38 and has seen 1.18 million shares traded in the last trading session. The company, currently valued at $467.42M, closed the last trade at $1.77 per share which meant it gained $0.13 on the day or 7.93% during that session. The DADA stock price is -157.06% off its 52-week high price of $4.55 and 41.24% 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.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Dada Nexus Ltd ADR (NASDAQ:DADA) trade information
Sporting 7.93% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the DADA stock price touched $1.77 or saw a rise of 1.97%. Year-to-date, Dada Nexus Ltd ADR shares have moved -46.69%, while the 5-day performance has seen it change 0.57%. Over the past 30 days, the shares of Dada Nexus Ltd ADR (NASDAQ:DADA) have changed -28.92%. 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 49.43% from current levels. 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 current price level is -916.95% off the targeted high while a plunge would see the stock gain -12.99% from current levels.
Dada Nexus Ltd ADR (DADA) estimates and forecasts
The company’s shares have lost -11.50% over the past 6 months, compared to 19.20% for the industry. Revenue growth from the last financial year stood is estimated to be -7.30%.
5 analysts offering their estimates for the company have set an average revenue estimate of 333.16M for the current quarter. 5 have an estimated revenue figure of 363.02M 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 -16.40% for the current quarter and -7.30% 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 December 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.
