In yesterday’s Wall Street session, DoorDash Inc (NASDAQ:DASH) shares traded at $130.29, up 2.65% from the previous session.
DASH stock price is now 16.92% away from the 50-day moving average and 16.01% away from the 200-day moving average. The market capitalization of the company currently stands at $53.62B.
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With the price target of $170, Redburn Atlantic recently initiated with Buy rating for DoorDash Inc (NASDAQ: DASH). , while ‘Wolfe Research’ rates the stock as ‘Outperform’
In other news, Lee Gordon S, CHIEF ACCOUNTING OFFICER sold 1,000 shares of the company’s stock on Aug 12 ’24. The stock was sold for $123,530 at an average price of $123.53. Upon completion of the transaction, the CHIEF ACCOUNTING OFFICER now directly owns 101,684 shares in the company, valued at $13.25 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 12 ’24, Officer Lee Gordon S bought 1,000 shares of the business’s stock. A total of $123,530 was incurred on buying the stock at an average price of $123.53. A total of 25.54% of the company’s stock is owned by insiders.
During the past 12 months, DoorDash Inc has had a low of $69.90 and a high of $143.34. As of last week, the company has a debt-to-equity ratio of 0.07, a current ratio of 1.63, and a quick ratio of 1.63. The fifty day moving average price for DASH is $111.4326 and a two-hundred day moving average price translates $112.31293 for the stock.
The latest earnings results from DoorDash Inc (NASDAQ: DASH) was released for 2024-06-30. The net profit margin was -4.24% and return on equity was -6.00% for DASH. The company reported revenue of $2.63 billion for the quarter, compared to $2.13 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 23.3 percent.
