How to Buy Dada Nexus Stock
Dada Nexus Ltd
Dada Nexus Limited operates a platform of local on-demand retail and delivery in the People's Republic of China.
Dada Nexus stock last closed at $1.85, up 0% from the previous day, and has increased 1.09% in one year. It has underperformed other stocks in the Internet Retail industry by 0.28 percentage points. Dada Nexus stock is currently +77.88% from its 52-week low of $1.04, and -26.59% from its 52-week high of $2.52.
At the moment, there are 1.04B DADA shares outstanding. The market capitalization of DADA is $479.45M. In the past 24 hours, 1.73M DADA shares were traded.
How to Buy Dada Nexus Stock
Not sure how to invest in Dada Nexus stock? Here's how.
- Choose where to buy Dada Nexus stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Dada Nexus stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your investment account: Choose your payment method and add your information.
- Analyze Dada Nexus stock: The Dada Nexus ticker symbol is DADA. Is Dada Nexus stock a good investment? Should you buy shares of DADA? How do DADA's underlying business fundamentals look? Do top analysts think Dada Nexus is a good buy? Why has DADA's stock price moved recently? (Hint: Our stock market research website can help you decide if DADA is a good stock to buy).
- Place your DADA buy order: Decide if you will purchase DADA shares at the current market price or use a limit order to purchase DADA shares at a particular price.
- Get key alerts regarding your DADA investment: Create a watchlist to watch your position in Dada Nexus shares.
Step 1: Choose where to buy Dada Nexus stock
You will need a brokerage account in order to access the NASDAQ market and buy DADA shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal details so you can buy DADA today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new brokerage account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have opened your account on investing apps, you can securely and quickly fund your account:
Check out the video below if you need help transferring funds into your brokerage account.
Step 4: Analyze Dada Nexus stock
After you have decided on the best place to buy Dada Nexus stock, it's crucial to research their stock before you invest, so you can wrap your head around the risk and upside.
Dada Nexus quick stats
Dada Nexus Overview
WallStreetZen was built to help average investors perform more accurate fundamental analysis.
You can view all of the due diligence checks on DADA's stock page.
Is DADA stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge DADA's intrinsic value.
Using relative valuations methods:
- DADA may be undervalued based on its P/B ratio of 0.97x, relative to Internet Retail industry P/B ratio of 4.82x
You can do more valuation research on DADA's stock here.
DADA Financial Health
Passed Financial Due Diligence Checks:
- Total DADA debt is lower than 5 years ago, relative to shareholder equity.
- DADA has cash burn of 145341313. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the DADA balance sheet.
- DADA has $421.42M in cash and short term investments. This is enough to cover its annual cash burn of $145.34M.
- There are more short-term assets than short-term liabilities on the DADA balance sheet.
Failed Financial Due Diligence Checks:
- DADA profit margin has gone down from -18.6% to -21.1% in the past year.
- DADA has a relatively high debt to equity ratio of 0.45.
Is it a good time to buy Dada Nexus stock, according to Wall Street analysts?
Out of 2 Wall Street analysts who track DADA, the consensus analyst rating on Dada Nexus is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Dada Nexus stock forecast page.
DADA Trading Indicators
DADA Performance Metrics
Last year, DADA revenue was $1.32B. In the past five year, DADA's revenue has grown by 24.49% per year. This was faster than the Internet Retail industry average of 22.44%.
You can research DADA's earnings and revenue performance here.
What are DADA executives and large shareholders up to?
In the past 12 months, executives and large shareholders at DADA have not bought or sold any shares.
Learn more about who owns DADA stock here.
Does DADA stock generate passive income?
No, Dada Nexus doesn't provide an income stream by paying out dividends.
DADA Social Trading Data
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your DADA buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular price limit, place a limit order.
Click the Open button and eToro will place the order.
If you need additional help with investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your DADA investment
Now that you own some DADA stock, you'll want to stay up-to-date on your investment.
Create a watchlist to track the latest developments regarding your DADA stock.
DADA Feed
How to Buy Stock in Dada Nexus
To summarize, here are the 6 steps to buy stock in Dada Nexus:
- Choose where to buy Dada Nexus stock
- Open a brokerage account
- Deposit money your investment account
- Analyze Dada Nexus stock
- Place your DADA buy order
- Get key alerts regarding your DADA investment
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Dada Nexus, create a watchlist on WallStreetZen today.
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