Dingdong Sets New 1-Year Low at 2.13
DDL Stock | USD 4.28 0.26 6.47% |
About 62% of all Dingdong ADR's institutional investors are looking to take a long position. The analysis of current outlook of investing in Dingdong ADR suggests that some traders are interested regarding Dingdong ADR's prospects. Dingdong ADR's investing sentiment shows overall attitude of investors towards Dingdong ADR.
Dingdong |
Dingdong Limited reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as 2.13 and last traded at 2.13, with a volume of 250294 shares traded. The stock had previously closed at 2.24. Analysts Set New Price Targets Separately, Daiwa Capital Markets downgraded
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Dingdong ADR Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Dingdong ADR can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Dingdong ADR Fundamental Analysis
We analyze Dingdong ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dingdong ADR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dingdong ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Dingdong ADR is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Dingdong ADR Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dingdong ADR stock to make a market-neutral strategy. Peer analysis of Dingdong ADR could also be used in its relative valuation, which is a method of valuing Dingdong ADR by comparing valuation metrics with similar companies.
Peers
Dingdong ADR Related Equities
NGVC | Natural Grocers | 1.82 | ||||
SFM | Sprouts Farmers | 1.65 | ||||
TSCDF | Tesco PLC | 1.31 | ||||
ACI | Albertsons Companies | 1.17 | ||||
KKOYY | Kesko Oyj | 1.11 | ||||
KR | Kroger | 0.96 | ||||
VLGEA | Village Super | 0.94 | ||||
IMKTA | Ingles Markets | 0.76 | ||||
WMK | Weis Markets | 0.06 | ||||
GO | Grocery Outlet | 1.18 | ||||
ASAI | Sendas Distribuidora | 16.24 |
Check out Dingdong ADR Hype Analysis, Dingdong ADR Correlation and Dingdong ADR Performance. For more information on how to buy Dingdong Stock please use our How to buy in Dingdong Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Consumer Staples Distribution & Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Dingdong ADR. If investors know Dingdong will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Dingdong ADR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.81) | Earnings Share (0.02) | Revenue Per Share 102.231 | Quarterly Revenue Growth 0.272 | Return On Assets 0.0144 |
The market value of Dingdong ADR is measured differently than its book value, which is the value of Dingdong that is recorded on the company's balance sheet. Investors also form their own opinion of Dingdong ADR's value that differs from its market value or its book value, called intrinsic value, which is Dingdong ADR's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Dingdong ADR's market value can be influenced by many factors that don't directly affect Dingdong ADR's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Dingdong ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if Dingdong ADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dingdong ADR's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.