Dingdong (Cayman) (NYSE:DDL) Announces Earnings Results

Dingdong (Cayman) (NYSE:DDL) issued its quarterly earnings data on Thursday. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.02, Zacks reports. Dingdong (Cayman) had a net margin of 0.90% and a return on equity of 40.86%.

Dingdong (Cayman) Stock Up 14.2 %

Shares of Dingdong (Cayman) stock traded up $0.45 on Thursday, hitting $3.59. 1,625,174 shares of the company’s stock traded hands, compared to its average volume of 629,580. The stock has a market cap of $846.88 million, a P/E ratio of 39.83 and a beta of 0.45. Dingdong has a 52-week low of $1.08 and a 52-week high of $4.79. The firm’s 50-day moving average is $3.39 and its 200 day moving average is $3.41.

About Dingdong (Cayman)

Dingdong (Cayman) Limited operates an e-commerce company in China. The company offers fresh groceries, including vegetables, meat and eggs, fruits, and seafood; prepared food, and other food products, such as baked goods, dairy, seasonings, beverages, instant food, oil, and snacks. It offers its products through traditional offline, as well as online channels through Dingdong Fresh app, mini-programs, and third-party platforms.