At the last check on Thursday, DoorDash Inc.’s (NYSE:DASH) stock was up $0.17, moving up 0.25 percent to $66.17. The average number of shares traded per day over the past five days has been 3,074,862 shares. 2 times new highs have been achieved over the past 5 days, with a -$1.01 fall in that time frame. In the last twenty days, the average volume was 4,089,271, while in the previous 50 days, it was 3,505,880.
Since last month, DASH stock rose 15.07%. Shares of the company fell to $56.96 on 04/26/23, the lowest level in the past month. A 52-week high of $87.00 was reached on 02/16/23 after having rallying from a 52-week low of $41.37. Since the beginning of this year, DASH’s stock price has risen by 35.53% or $17.14, and marked a new high 13 times. However, the stock has declined by -23.95% since its 52-week high.
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DASH stock investors should be aware that DoorDash Inc. (DASH) stock had its last reported insider trading activity 3 days ago on May 22. Adarkar Prabir, the President and COO of the company, disposed of 19,012 shares for $66.86 on May 22. It resulted in a $1,271,120 divestment by the insider. Inukonda Ravi sold 12,563 shares at an average price of $66.82 on May 22. The insider now owns 494,118 shares following the transaction. On May 22, General Counsel and Secretary Sherringham Tia sold 12,243 shares at $66.86 apiece. The transaction was valued at $818,607.
In the three months ended March 30, DoorDash Inc.’s quick ratio stood at 1.70, while its current ratio was 1.70, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 45.60% percent. In the year ended March 30, EBITDA margin amounted to -9.01%, whereas operating margins totaled -15.70%. Based on annual data, DASH earned $3.0 billion in gross profit and brought in $6.58 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 -16.20%. Return on equity (ROE) for the past 12 months was -19.80%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. DASH’s revenue rose 28.45% to $1.82 billion during the quarter, while net income inched up to $2.04 billion. While analysts expected DoorDash Inc. to report -$0.58 quarterly earnings, the actual figure was -$0.41 per share, beating the consensus estimate by 29.30%. During the quarter, the company generated -$48.0 million in EBITDA. The liabilities of DoorDash Inc. were 3.13 billion at the end of its most recent quarter ended March 30, and its total debt was $492.0 million. The value of shareholders’ equity is $388.56 million.
This quick technical analysis looks at DoorDash Inc.’s (DASH) price momentum. With a historical volatility rate of 25.90%, the RSI 9-day stood at 55.27% on 24 May.
With respect to its five-day moving average, the current DoorDash Inc. price is down by -1.50% percent or -$1.01. At present, DASH shares trade +12.92% above its 20-day simple moving average and +35.12% percent above its 100-day simple moving average. However, the stock is currently trading approximately +12.82% above its SMA50 and -9.67% below its SMA200.
Stochastic coefficient K was 57.85% and Stochastic coefficient D was 61.52%, while ATR was 2.45. Given the Stochastic reading of 47.59% for the 14-day period, the RSI (14) reading has been calculated as 56.16%. As of today, the MACD Oscillator reading stands at 0.09, while the 14-day reading stands at -0.37.