Naas Technology Inc ADR [NAAS] stock is trading at $3.61, up 3.44%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NAAS shares have gain 12.46% over the last week, with a monthly amount drifted -11.30%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Naas Technology Inc ADR [NASDAQ: NAAS] stock has seen the most recent analyst activity on October 31, 2023, when Jefferies initiated its Buy rating and assigned the stock a price target of $4.50.
Naas Technology Inc ADR [NAAS] stock has fluctuated between $1.42 and $97.00 over the past year. Naas Technology Inc ADR [NASDAQ: NAAS] shares were valued at $3.61 at the most recent close of the market.
Analyzing the NAAS fundamentals
Naas Technology Inc ADR [NASDAQ:NAAS] reported sales of 58.54M for the trailing twelve months, which represents a growth of 82.82%. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at -2.1%, Pretax Profit Margin comes in at -2.9%, and Net Profit Margin reading is -2.9%. To continue investigating profitability, this company’s Return on Assets is posted at -0.94, Equity is 16.24 and Total Capital is -2.78. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -4.51.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.22 points at the first support level, and at 2.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.15, and for the 2nd resistance point, it is at 4.68.
Ratios To Look Out For
For context, Naas Technology Inc ADR’s Current Ratio is 1.04. In addition, the Quick Ratio stands at 1.02 and the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 0.26.
