DiDi Global Inc. [DIDI] fell -64.78% so far this year. What now?


DiDi Global Inc. [NYSE: DIDI] plunged by -$0.25 during the normal trading session on Friday and reaching a high of $5.215 during the day while it closed the day at $4.98. The company report on December 29, 2021 that DiDi Global Announces Unaudited Quarterly Financial Results.

DiDi Global Inc. (“DiDi” or the “Company”) (NYSE: 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.

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DiDi Global Inc. stock has also loss -11.07% of its value over the past 7 days. However, DIDI stock has declined by -34.30% in the 3 months of the year. Over the past six months meanwhile, it has lost -67.93% and lost -64.78% year-on date.

The market cap for DIDI stock reached $24.15 billion, with 4.85 billion shares outstanding. Compared to the average trading volume of 20.71M shares, DIDI reached a trading volume of 27978863 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about DiDi Global Inc. [DIDI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DIDI shares is $12.00 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 2.00. 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.

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 0.47, with the Price to Sales ratio for DIDI stock in the period of the last 12 months amounting to 0.94.

DIDI stock trade performance evaluation

DiDi Global Inc. [DIDI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.07. With this latest performance, DIDI shares dropped by -36.24% in over the last four-week period, additionally sinking by -67.93% 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 29.99, with the RSI for the last a single of trading hit 28.06, and the three-weeks RSI is set at 32.47 for DiDi Global Inc. [DIDI]. The present Moving Average for the last 50 days of trading for this stock 7.46, while it was recorded at 5.17 for the last single week of trading.

DiDi Global Inc. [DIDI]: An insightful look at the core 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 Quick Ratio of 2.80 and a Current Ratio set at 2.80.

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DiDi Global Inc. [DIDI]: Insider Ownership positions

Positions in DiDi Global Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 137 institutional holders increased their position in DiDi Global Inc. [NYSE:DIDI] by around 107,173,891 shares. Additionally, 117 investors decreased positions by around 189,676,749 shares, while 11 investors held positions by with 66,856,687 shares. The mentioned changes placed institutional holdings at 363,707,327 shares, according to the latest SEC report filing. DIDI stock had 108 new institutional investments in for a total of 55,540,462 shares, while 91 institutional investors sold positions of 85,148,701 shares during the same period.