DDL Stock Summary and Trading Ideas (Dingdong (Cayman) Limited American Depositary Shares (Each Two Representing Three Ordinary Shares) | NYSE:DDL)

Dingdong (Cayman) Ltd is the fastest growing on-demand e-commerce company in China. The company directly provides users and households with fresh produce, meat and seafood, and other daily necessities through a convenient shopping experience supported by an extensive self-operated frontline fulfillment grid. It recognizes revenues from product sales of fresh groceries and other daily necessities through Dingdong Fresh APP and mini-programs and membership services.

Dingdong (Cayman) Limited American Depositary Shares (Each Two Representing Three Ordinary Shares) trades on the NYSE stock market under the symbol DDL.

As of December 13, 2024, DDL stock price declined to $4.03 with 570,576 million shares trading.

DDL has a beta of 0.20, meaning it tends to be less sensitive to market movements. DDL has a correlation of 0.00 to the broad based SPY ETF.

DDL has a market cap of $875.33 million. This is considered a Small Cap stock.

In the last 3 years, DDL traded as high as $22.53 and as low as $1.07.

The top ETF exchange traded funds that DDL belongs to (by Net Assets): VXUS, VWO, VSS, SPEM, PGJ.

DDL has outperformed the market in the last year with a return of +126.4%, while the SPY ETF gained +29.9%. In the last 3 month period, DDL beat the market returning +37.5%, while SPY returned +7.8%. However, in the most recent 2 weeks DDL has underperformed the stock market by returning -5.8%, while SPY returned +0.3%.

DDL support price is $4.04 and resistance is $4.42 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DDL shares will trade within this expected range on the day.