DoorDash, Inc (DASH) is a food delivery company with a current market capitalization of 26.47 billion dollars. The company’s stock price has been steadily increasing since its listing on the NYSE in February 2021 and is currently trading at 68.18 per share – 10.66% higher than yesterday’s close of 61.61 and 6.57% above its day low of 62.7101. This is significantly higher than its year high of 130.2 in April 2021 and its year low of 41.365 during February 2021 when the pandemic-induced market crash took place.
The market capitalization for DASH was 22.92 billion on 3rd Feb 2023, 24.77 billion on 2nd Feb 2023 and 22.87 billion on 1st Feb 2023, representing an overall increase over the month period preceding the current date by 15%. The stock’s 50 Day Moving Average (50 DMA) is 54.7826 while its 200 Day Moving Average (200 DMA) stands at 60.94305, indicating that there has been considerable increase in the average price in recent days despite some variance in daily prices due to certain factors like news announcements etc..
The current Earnings Per Share (EPS) figure stands at -1.534, reflecting a continuous negative trend as compared to 2021 where it was 0 which itself was lower than 2020 when it had stood at 0.521 before declining further as reflected by the current EPS figure for 2022 which stands at -0.973 per share .The total number of outstanding shares are 388 million with an average volume traded of 4253 thousand over the past month alone .
These figures indicate that despite swings in daily prices due to certain external factors , DoorDash, Inc has seen a sustained increase in its overall market cap from 22 billions at beginning of this month to 26 billions currently along with a steady rise in its 50 & 200 DMAs over time . In addition , the company’s negative EPS situation reflects some distress but overall picture looks positive over long haul .
