In a recent market move, Dingdong Maicai (DDL, Financial) experienced a sharp decline of 5.32% in its stock price, reaching $4.01 per share. The trading volume was 365,409 shares with a turnover rate of 0.17% and a price fluctuation of 6.38%.
According to the latest financial report, Dingdong Maicai recorded $912 million in revenue and a net profit of $18.28 million, resulting in earnings per share of $0.08 and a gross profit of $76.60 million. The stock's price-to-earnings ratio stands at 31.98.
All four rating institutions have given the stock a "buy" recommendation. In the broader grocery industry, Dingdong Maicai showed significant price volatility alongside Grocery Outlet Holding Corp. and Meisheng Technology.
