Dada Nexus (NASDAQ:DADA - Get Free Report) will issue its quarterly earnings data after the market closes on Wednesday, November 13th. Analysts expect the company to announce earnings of $0.06 per share for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
Dada Nexus (NASDAQ:DADA - Get Free Report) last released its quarterly earnings data on Tuesday, August 20th. The company reported ($0.09) EPS for the quarter. The business had revenue of $324.54 million during the quarter. Dada Nexus had a negative return on equity of 10.94% and a negative net margin of 19.81%.
Dada Nexus Trading Down 5.1 %
Dada Nexus stock traded down $0.09 during mid-day trading on Wednesday, reaching $1.68. The company's stock had a trading volume of 1,154,821 shares, compared to its average volume of 2,252,261. The firm has a market cap of $436.46 million, a price-to-earnings ratio of -1.54 and a beta of 1.39. The business has a 50 day moving average price of $1.54 and a 200-day moving average price of $1.56. Dada Nexus has a twelve month low of $1.04 and a twelve month high of $4.55.
Analysts Set New Price Targets
DADA has been the subject of several analyst reports. Daiwa America raised shares of Dada Nexus to a "hold" rating in a report on Thursday, August 22nd. Citigroup upgraded shares of Dada Nexus from a "sell" rating to a "neutral" rating and boosted their price target for the stock from $1.00 to $1.50 in a research report on Wednesday, August 21st. Finally, Daiwa Capital Markets started coverage on shares of Dada Nexus in a research report on Thursday, August 22nd. They issued a "neutral" rating on the stock. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $3.12.
View Our Latest Analysis on DADA
About Dada Nexus
(
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Dada Nexus Limited operates a platform of local on-demand retail and delivery in the People's Republic of China. It operates Dada Now, a local on-demand delivery platform that provides intra-city delivery and last-mile delivery services on an on-demand basis to chain merchants, small- and medium-sized enterprise merchants, and individual senders; and JDDJ, a local on-demand retail platforms for consumers, retailers, and brand owners.
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