DiDi Global Inc. Stock trading around $2.52 per share: What’s Next?

fishhhh
2022-04-12

DiDi Global Inc.$DiDi Global Inc.(DIDI)$ price plunged by -2.33 percent to reach at -$0.06. The company report on December 29, 2021 that DiDi Global Announces Unaudited Quarterly Financial Results.DiDi Global Inc. (“DiDi” or the “Company”)$DiDi Global Inc.(DIDI)$ , the world’s leading mobility technology platform, today announced its unaudited interim condensed financial results for the second quarter ended June 30, 2021 and the third quarter ended September 30, 2021.A sum of 19324229 shares traded at recent session while its average daily volume was at 50.04M shares.

DiDi Global Inc. shares reached a high of $2.65 and dropped to a low of $2.48 until finishing in the latest session at $2.52.The one-year DIDI stock forecast points to a potential upside of 72.31. The average equity rating for DIDI stock is currently 3.00, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on DiDi Global Inc.:Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DIDI shares is $9.10 per share.

Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DIDI stock is a recommendation set at 3.00.

This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.Bernstein have made an estimate for DiDi Global Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 14, 2022. The new note on the price target was released on July 26, 2021, representing the official price target for DiDi Global Inc. stock.

The Average True Range (ATR) for DiDi Global Inc. is set at 0.43, with the Price to Sales ratio for DIDI stock in the period of the last 12 months amounting to 0.47.DIDI Stock Performance Analysis:DiDi Global Inc. fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.64.

With this latest performance, DIDI shares dropped by -25.44% in over the last four-week period, additionally sinking by -69.16% over the last 6 months .Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DIDI stock in for the last two-week period is set at 39.69, with the RSI for the last a single of trading hit 37.47, and the three-weeks RSI is set at 40.44 for DiDi Global Inc..

The present Moving Average for the last 50 days of trading for this stock 3.51, while it was recorded at 2.67 for the last single week of trading.Insight into DiDi Global Inc. Fundamentals:Operating Margin for any stock indicates how profitable investing would be, and DiDi Global Inc. [DIDI] shares currently have an operating margin of -9.73 and a Gross Margin at +7.91. DiDi Global Inc.’s Net Margin is presently recorded at -7.42.Return on Total Capital for DIDI is now -10.40, given the latest momentum, and Return on Invested Capital for the company is -8.28.

Additionally, DIDI Total Debt to Total Capital is recorded at 159.40, with Total Debt to Total Assets ending up at 138.89.Reflecting on the efficiency of the workforce at the company, DiDi Global Inc. [DIDI] managed to generate an average of -$95,724 per employee. Receivables Turnover for the company is 19.31 with a Total Asset Turnover recorded at a value of 0.95.DiDi Global Inc.’s liquidity data is similarly interesting compelling, with a Current Ratio set at 2.30.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • KL H
    2022-04-13
    KL H
    Nice article and it’s good price to enter if u believe Didi is still doing well in china market.
  • hkkoh007
    2022-04-15
    hkkoh007
    ok
  • Ho Kuan
    2022-04-13
    Ho Kuan
    Nice Article!
  • Bryantian
    2022-04-13
    Bryantian
    哈批
  • 再等等吧
    2022-04-13
    再等等吧
    [Observation]
  • Ericpang122
    2022-04-13
    Ericpang122
    低价买
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