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Dada Nexus Ltd ADR (DADA) Stock: Navigating Market Highs and Lows in 52 Weeks

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Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Dada Nexus Ltd ADR’s current trading price is -74.69% away from its 52-week high, while its distance from the 52-week low is 48.34%. The stock’s price range during this period has varied between $1.36 and $7.94. The company, active in the Consumer Cyclical sector, saw a trading volume of around 2.66 million for the day, considerably lower average daily volume of 2.96 million observed over the last three months.

Dada Nexus Ltd ADR’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $7.94 on 04/11/23, and the lowest price during the same period was recorded at $1.36 on 01/11/24.

How Financial Performance Impacts Market Capitalization

Dada Nexus Ltd ADR (DADA) has experienced a quarterly rise of 25.63% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 526.64M.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.5100, with a change in price of -1.7300. Similarly, Dada Nexus Ltd ADR recorded 2,780,767 in trading volume during the last 100 days, posting a change of -46.26%.

How DADA’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for DADA stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

DADA Stock Stochastic Average

As of today, the raw stochastic average of Dada Nexus Ltd ADR over the past 50 days is 29.31%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 10.00%. Additionally, the Stochastic %K and %D values for the company were 6.44% and 5.46%, respectively, over the past 20 days.

DADA Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a loss of -39.46%.However, over the last six months, we can see a stronger performance of -52.48%. Over the last 30 days, the price of DADA has leaped by -20.24%. And in the last five days, it has fallen by -1.95%.