(DADA) Dada Nexus - Ratings and Ratios

Dada Nexus Limited is a Chinese company that operates a platform for local on-demand retail and delivery services. Established in 2014 and headquartered in Shanghai, the company provides intra-city delivery and last-mile delivery services through its Dada Now platform, catering to chain merchants, SMEs, and individual senders. Additionally, it offers JDDJ, a platform for consumers, retailers, and brand owners to facilitate local on-demand retail. For more information, visit their investor relations website at https://ir.imdada.cn.

The company operates under the ticker symbol DADA on the NASDAQ exchange, classified as a common stock. Originating from China, it falls under the Consumer Staples Merchandise Retail sub-industry. Dada Nexus faces support levels at 1.3 and resistance levels at 1.9, 3.1, and 4.0.

Technically, the stock shows an average 20-day volume of 1,951,899, with a last price of 1.88. The SMA 20, 50, and 200 are 1.85, 1.57, and 1.52 respectively, with an ATR of 0.07.

Fundamentally, the company has a market cap of $491.03 million. The forward P/E is 8.38, with a P/B ratio of 0.75 and a P/S ratio of 0.05. The return on equity stands at -44.23%.

3-Month Forecast: Based on the provided data, the stock is expected to face resistance at 1.9 and 1.3 as support. With the SMA 20 above the SMA 50 and 200, it suggests a potential downtrend. The low ATR of 0.07 indicates reduced volatility. Fundamentally, the negative RoE may impact investor sentiment, leading to a cautious outlook with possible price consolidation around current levels.