A share price of Dada Nexus Ltd ADR [DADA] is currently trading at $2.08, up 1.46%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The DADA shares have gain 1.46% over the last week, with a monthly amount glided 11.23%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Citigroup upgraded its rating to Neutral on August 21, 2024, and elevated its price target to $1.50. On May 16, 2024, downgrade downgraded it’s rating to Neutral. New Street downgraded its rating to a Neutral and reduced its price target to $2 on March 06, 2024. Daiwa Securities upgraded its rating to Buy for this stock on February 20, 2024. In a note dated January 08, 2024, Citigroup downgraded an Sell rating on this stock.
Dada Nexus Ltd ADR experienced fluctuations in its stock price throughout the past year between $1.04 and $2.52. Currently, Wall Street analysts expect the stock to reach $6.14 within the next 12 months. Dada Nexus Ltd ADR [NASDAQ: DADA] shares were valued at $2.08 at the most recent close of the market. An investor can expect a potential return of 195.19% based on the average DADA price forecast.
Analyzing the DADA fundamentals
Trailing Twelve Months sales for Dada Nexus Ltd ADR [NASDAQ:DADA] were 1.34B which represents -11.12% decline. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at -0.22%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.39, Equity is -0.44 and Total Capital is -0.59. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Dada Nexus Ltd ADR [NASDAQ:DADA] is 3.27. Further, the Quick Ratio stands at 3.25, while the Cash Ratio is 1.9. Considering the valuation of this stock, the price to sales ratio is 0.40, the price to book ratio is 1.09.
