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 -17.46% away from its 52-week high, while its distance from the 52-week low is 100.00%. The stock’s price range during this period has varied between $1.04 and $2.52. The company, active in the Consumer Cyclical sector, saw a trading volume of around 3.67 million for the day, considerably higher average daily volume of 2.8 million observed over the last three months.
Dada Nexus Ltd ADR had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $2.52 on 10/02/24, while the lowest price during the same period was $1.04 on 09/13/24.
How Financial Performance Impacts Market Capitalization
Dada Nexus Ltd ADR (DADA) has experienced a quarterly rise of 12.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 539.07M and boasts a workforce of 2159 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 1.78, with a change in price of +0.70. Similarly, Dada Nexus Ltd ADR recorded 2,716,035 in trading volume during the last 100 days, posting a change of +50.72%.
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 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
DADA Stock Stochastic Average
As of today, the raw stochastic average of Dada Nexus Ltd ADR over the last 50 days is at 96.15%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 95.65%. Further, the company’s Stochastic %K and %D values for the last 20 days were 88.45% and 84.91%, respectively.
DADA Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 71.90%. However, over the past six months, we’ve seen a weaker performance of 50.72%. The price of DADA fallen by 11.23% over the last 30 days. And in the last five days, it has surged by 1.46%.
