The price of DoorDash Inc (NASDAQ:DASH) shares last traded on Wall Street rose 3.63% to $137.29.
DASH stock price is now 14.80% away from the 50-day moving average and 17.33% away from the 200-day moving average. The market capitalization of the company currently stands at $56.50B.
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With the price target maintained at $155, BTIG Research recently Upgraded its rating from Neutral to Buy for DoorDash Inc (NASDAQ: DASH). On September 05, 2024, Cantor Fitzgerald recently initiated its ‘Overweight’ rating on the stock quoting a target price of $160, while ‘Redburn Atlantic’ rates the stock as ‘Buy’
In other news, Fang Andy, Director sold 25,000 shares of the company’s stock on Sep 16 ’24. The stock was sold for $3,280,500 at an average price of $131.22. Upon completion of the transaction, the Director now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 16 ’24, CHIEF EXECUTIVE OFFICER Xu Tony sold 54,166 shares of the business’s stock. A total of $7,108,658 was realized by selling the stock at an average price of $131.24. A total of 25.33% 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 $120.2142 and a two-hundred day moving average price translates $117.21918 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.
