Wall Street Analyst Downgrade DiDi Global Inc. [DIDI]. What else is Wall St. saying

DiDi Global Inc. [NYSE: DIDI] loss -2.54% or -0.22 points to close at $8.45 with a heavy trading volume of 12052764 shares. The company report on September 7, 2021 that FINAL DEADLINE : The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against DiDi Global Inc. and Encourages Investors with Losses in Excess of $1,000,000 to Contact the Firm.

The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against DiDi Global Inc. (“DiDi” or “the Company”) (NYSE:DIDI) for violations of the federal securities laws.

Investors who purchased the Company’s shares pursuant and/or traceable to the Company’s initial public offering conducted in June 2021 (the “IPO”), or between June 30, 2021 and July 21, 2021, inclusive (the “Class Period”), are encouraged to contact the firm before September 7, 2021.

If we look at the average trading volume of 51.95M shares, DIDI reached to a volume of 12052764 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about DiDi Global Inc. [DIDI]:

Atlantic Equities have made an estimate for DiDi Global Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 26, 2021.

The Average True Range (ATR) for DiDi Global Inc. is set at 0.60, with the Price to Sales ratio for DIDI stock in the period of the last 12 months amounting to 1.69.

Trading performance analysis for DIDI stock

DiDi Global Inc. [DIDI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.80.

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 44.71, with the RSI for the last a single of trading hit 44.99, and the three-weeks RSI is set at 42.77 for DiDi Global Inc. [DIDI]. The present Moving Average for the last 50 days of trading for this stock 9.52, while it was recorded at 8.73 for the last single week of trading.

DiDi Global Inc. [DIDI]: A deeper dive into fundamental analysis

DiDi Global Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.80 and a Current Ratio set at 2.80.

An analysis of insider ownership at DiDi Global Inc. [DIDI]

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155 institutional holders increased their position in DiDi Global Inc. [NYSE:DIDI] by around 405,724,289 shares. Additionally, 0 investors decreased positions by around 0 shares, while 0 investors held positions by with 0 shares. The mentioned changes placed institutional holdings at 405,724,289 shares, according to the latest SEC report filing. DIDI stock had 155 new institutional investments in for a total of 405,724,289 shares, while 0 institutional investors sold positions of 0 shares during the same period.

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