With 0.56 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.49 million shares. During the session, the Internet Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $1.35 whereas the lowest price it dropped to was $1.31. The 52-week range on DADA shows that it touched its highest point at $3.43 and its lowest point at $1.04 during that stretch. It currently has a 1-year price target of $1.94. Beta for the stock currently stands at 1.34.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of DADA was down-trending over the past week, with a drop of -3.65%, but this was down by -8.97% over a month. Three-month performance dropped to -38.89% while six-month performance fell -12.00%. The stock lost -61.06% in the past year, while it has gained 9.09% so far this year. A look at the trailing 12-month EPS for DADA yields -1.11 with Next year EPS estimates of -0.17. For the next quarter, that number is -0.14. This implies an EPS growth rate of -680.47% for this year and 51.17% for next year.
Float and Shares Shorts:
At present, 264.08 million DADA shares are outstanding with a float of 256.92 million shares on hand for trading. On 2024-10-31, short shares totaled 2.18 million, which was 84.0 higher than short shares on 1727654400. In addition to Mr. Jun Mao as the firm’s Chief Financial Officer, Ms. Caroline Dong serves as its Head of Investor Relations.
Institutional Ownership:
Through their ownership of 0.15706 of DADA’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, DADA reported revenue of $2429439000.0 and operating income of -$226785000.0. The EBITDA in the recently reported quarter was -$199415000.0 and diluted EPS was -$0.76.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for DADA since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With DADA analysts setting a high price target of 37.884 and a low target of 10.683, the average target price over the next 12 months is 16.22473. Based on these targets, DADA could surge 2770.0% to reach the target high and rise by 709.32% to reach the target low. Reaching the average price target will result in a growth of 1129.15% from current levels.
Analysts have provided yearly estimates in a range of -$2.24391 being high and -$2.73972 being low. For DADA, this leads to a yearly average estimate of -$2.5534.
