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 -34.98% away from its 52-week high, while its distance from the 52-week low is 76.92%. The stock’s price range during this period has varied between $1.04 and $2.83. The company, active in the Consumer Cyclical sector, saw a trading volume of around 2.44 million for the day, considerably higher average daily volume of 1.78 million observed over the last three months.
Dada Nexus Ltd ADR’s stock has had a calm market performance. The 1-year high for the company’s stock was $2.83 on 03/06/24, and the lowest price during the same period was recorded at $1.04 on 09/13/24.
How Financial Performance Impacts Market Capitalization
Dada Nexus Ltd ADR (DADA) has experienced a quarterly rise of 10.18% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 485.91M and boasts a workforce of 2376 employees.
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 1.5405, with a change in price of +0.7450. Similarly, Dada Nexus Ltd ADR recorded 2,083,339 in trading volume during the last 100 days, posting a change of +67.73%.
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 92.47%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 92.47%. Additionally, the Stochastic %K and %D values for the company were 91.47% and 90.83%, 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 gain of 52.07%.However, over the last six months, we can see a weaker performance of 38.35%. Over the last 30 days, the price of DADA has fallen by 39.39%. And in the last five days, it has surged by 1.10%.
