An Analysis Of Dada Nexus Limited (DADA)’s Weekly Performance

As of Friday close, Dada Nexus Limited’s (NASDAQ:DADA) stock was up $0.64, moving up 10.83 percent to $6.55. The average number of shares traded per day over the past five days has been 1,999,760 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.39 fall in that time frame. In the last twenty days, the average volume was 1,277,080, while in the previous 50 days, it was 1,912,304.


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Since last month, DADA stock retreated -28.02%. Shares of the company fell to $5.31 on 05/12/22, the lowest level in the past month. A 52-week high of $32.50 was reached on 01/03/22 after having rallying from a 52-week low of $5.00. Since the beginning of this year, DADA’s stock price has dropped by -50.23% or -$6.61, and marked a new high 1 time. However, the stock has declined by -79.85% since its 52-week high.

Financial Health

In the three months ended September 29, Dada Nexus Limited’s quick ratio stood at 2.40, while its current ratio was 2.40, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 25.20% percent. In the year ended September 29, operating margins totaled -37.60%. Based on annual data, DADA earned $271.03 million in gross profit and brought in $1.08 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -66.00%. Return on equity (ROE) for the past 12 months was -48.20%.

According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Dada Nexus Limited to report -$0.33 quarterly earnings, the actual figure was -$0.3 per share, beating the consensus estimate by 9.10%. During the quarter, the company generated -$99.65 million in EBITDA. The liabilities of Dada Nexus Limited were 234.12 million at the end of its most recent quarter ended September 29, and its total debt was $293.55 million.

Technical Picture

This quick technical analysis looks at Dada Nexus Limited’s (DADA) price momentum. With a historical volatility rate of 118.12%, the RSI 9-day stood at 42.47% on 13 May.

With respect to its five-day moving average, the current Dada Nexus Limited price is down by -5.62% percent or -$0.39. At present, DADA shares trade -28.65% below its 20-day simple moving average and -50.57% percent below its 100-day simple moving average. However, the stock is currently trading approximately -8.65% below its SMA50 and -69.45% below its SMA200.

Stochastic coefficient K was 20.75% and Stochastic coefficient D was 12.87%, while ATR was 0.77. Given the Stochastic reading of 39.49% for the 14-day period, the RSI (14) reading has been calculated as 41.80%. As of today, the MACD Oscillator reading stands at -0.76, while the 14-day reading stands at -0.95.

Analyst Ratings

Dada Nexus Limited downgraded its rating on Dada Nexus Limited (NASDAQ: DADA) to a Neutral in a note to investors on March 14, 2022. The analysts firm previously had an Overweight rating on the stock.Dada Nexus Limited (DADA) has been rated Buy by analysts. According to 0 brokerage firms, DADA is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Dada Nexus Limited stock as buy, with 12 recommending it as overweight.

With a median target price of $110.53, the current consensus forecast for the stock is $47.42 – $232.99. Based on these forecasts, analysts predict Dada Nexus Limited (DADA) will achieve an average price target of $121.04.

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