U.S. markets closed

Dada Nexus Limited (DADA)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
53.60-2.81 (-4.98%)
At close: 4:00PM EST

53.50 -0.10 (-0.19%)
After hours: 7:39PM EST

Full screen
Trade prices are not sourced from all markets
Gain actionable insight from technical analysis on financial instruments, to help optimize your trading strategies
Chart Events
Bearishpattern detected
Relative Strength Index (RSI)

Relative Strength Index (RSI)

Previous Close56.41
Open53.80
Bid51.50 x 1000
Ask54.00 x 800
Day's Range49.53 - 53.80
52 Week Range14.60 - 61.27
Volume2,436,905
Avg. Volume1,329,736
Market Cap12.039B
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateNov 19, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est38.47
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Fair Value
XX.XX
Overvalued
Research that delivers an independent perspective, consistent methodology and actionable insight
Related Research
View more
  • Chinese health care platform JD Health raises US$3.5 billion in Hong Kong's second largest IPO this year
    South China Morning Post

    Chinese health care platform JD Health raises US$3.5 billion in Hong Kong's second largest IPO this year

    JD Health, the health care arm of Chinese e-commerce giant JD.com, has priced its initial public offering (IPO) at HK$70.58 (US$9.1) per share, according to people familiar with the transaction, which will see it raise US$3.5 billion in Hong Kong's second-largest deal this year.The offer price was at the top-end of the price range, which had been marketed to investors at HK$62.8 to HK$70.58 a share. A listing on the main board is scheduled for Tuesday.The total amount raised by JD Health ranks behind its parent, JD.com, which raised US$4.5 billion through a secondary listing in June, in what was the biggest fundraising in Hong Kong year to date.Get the latest insights and analysis from our Global Impact newsletter on the big stories originating in China.The completion of JD Health's IPO, together with other recent deals, such as the US$1.8 billion IPO raised by Evergrande Property Services last week, has taken the total amount of funds raised on the Hong Kong bourse to a 10-year high. Excluding JD Health, as of Tuesday, a total of 126 IPOs had raised US$40.9 billion, data from Refinitiv shows.The health care unit of Chinese e-commerce company JD.com, JD Health has raised US$3.5 billion in Hong Kong's second-biggest IPO this year. Photo: Kyodo alt=The health care unit of Chinese e-commerce company JD.com, JD Health has raised US$3.5 billion in Hong Kong's second-biggest IPO this year. Photo: KyodoThe strong demand for JD Health's IPO, which put 381.9 million shares on offer, comes amid a sanguine outlook for digital health.In a recent survey by Bain & Company, conducted among 1,800 consumers and 250 physicians across Asian countries such as China, Indonesia and Australia, nearly half of the respondents said they would adopt digital delivery models, such as telemedicine, and remote care in the next five years."Physicians are open to shifting some services to digital or virtual platforms, or to relying on assistance from non-physicians through the use of artificial intelligence or machine learning," Vikram Kapur, who leads Bain's Asia-Pacific health care practice, said in a report.JD.com owns about 78 per cent of JD Health, which is the biggest online health care platform and retail pharmacy in China by revenue. The platform grossed 10.8 billion yuan (US$1.6 billion) in 2019, according to Frost & Sullivan.JD Health doctors see patients digitally at the JD.com headquarters in Beijing. Photo: AP alt=JD Health doctors see patients digitally at the JD.com headquarters in Beijing. Photo: APSeparately, Dada Nexus, the Chinese crowdsourced on-demand delivery and retail platform also backed by JD.com, is seeking new funding in a follow-on share sale that comes less than six months after its US IPO.It is selling nine million American depositary shares (ADS), it said in a US regulatory filing. Each ADS is equivalent to four ordinary shares. Based on Tuesday's closing price of US$56.41, the company could raise US$508 million. The final price of the share sale is expected on Thursday, according to a person familiar with the deal.The deal comes amid a rally in Dada Nexus' share price, which on Monday rose to US$57.95, its highest level after having tripled since its June debut. The Nasdaq-listed company raised US$320 million through its IPO.Goldman Sachs, Bank of America, Jefferies and Haitong International are the joint-underwriters for the deal. JD.com, which owns a 46 per cent stake, has committed to subscribing up to US$50 million worth of the stock sale, according to its filing.Dada Nexus plans to use the proceeds raised to invest in technology and other marketing purposes.For the nine-months ended that ended on Monday, its net loss rose 3 per cent to 1.17 billion yuan, from 1.13 billion yuan during the same period a year ago.This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. Copyright © 2020 South China Morning Post Publishers Ltd. All rights reserved. Copyright (c) 2020. South China Morning Post Publishers Ltd. All rights reserved.

  • XPO Logistics Earns 83 RS Rating Propped By Surging Online Sales
    Investor's Business Daily

    XPO Logistics Earns 83 RS Rating Propped By Surging Online Sales

    This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks matches up against the rest of the market. Decades of market research reveals that the market's biggest winners tend to have an RS Rating north of 80 in the early stages of their moves. XPO Logistics has climbed more than 5% past an 87.97 entry in a first-stage consolidation, meaning it's now out of a proper buy zone.

  • GlobeNewswire

    Dada Announces Proposed Follow-On Public Offering of American Depositary Shares

    SHANGHAI, China, Nov. 30, 2020 (GLOBE NEWSWIRE) -- Dada Nexus Limited (“Dada” or the “Company”) (NASDAQ: DADA), China’s leading local on-demand delivery and retail platform, today announced that it intends to offer and sell 9,000,000 American Depositary Shares (“ADSs”), each representing four ordinary shares of the Company, subject to market and other conditions, in an underwritten public offering. The underwriters will have a 30-day option to purchase up to an aggregate of 1,350,000 additional ADSs from the Company. The Company expects to use the net proceeds from the proposed offering for implementing its marketing initiatives and growing its user base, for investing in technology and research and development, as well as for general corporate purposes.Goldman Sachs (Asia) L.L.C., BofA Securities, Inc., Jefferies LLC and Haitong International Securities Company Limited will act as the joint bookrunners for the proposed ADS offering. KeyBanc Capital Markets Inc. will act as the co-manager for the proposed ADS offering.A preliminary prospectus related to the proposed ADS offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov.This announcement shall not constitute an offer to sell, or a solicitation of an offer to buy, the securities described herein, nor shall there be any offer, solicitation or sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.About Dada Nexus LimitedDada Nexus Limited is a leading platform of local on-demand retail and delivery in China. It operates JDDJ, one of China’s largest local on-demand retail platforms for retailers and brand owners, and Dada Now, a leading local on-demand delivery platform open to merchants and individual senders across various industries and product categories. The Company’s two platforms are inter-connected and mutually beneficial. The Dada Now platform enables improved delivery experience for participants on the JDDJ platform through its readily accessible fulfillment solutions and strong on-demand delivery infrastructure. Meanwhile, the vast volume of on-demand delivery orders from the JDDJ platform increases order volume and density for the Dada Now platform.Safe Harbor StatementThis press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about Dada’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in Dada’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Dada does not undertake any obligation to update any forward-looking statement, except as required under applicable law.For investor inquiries, please contact:Dada Nexus Limited Ms. Caroline Dong E-mail: ir@imdada.cn ChristensenIn China Mr. Rene Vanguestaine Phone: +86-178-1749 0483 E-mail: rvanguestaine@christensenir.com In US Ms. Linda Bergkamp Phone: +1-480-614-3004 E-mail: lbergkamp@christensenir.com For media inquiries, please contact:Dada Nexus Limited E-mail: PR@imdada.cn