Dingdong (Cayman) (NYSE:DDL) Posts Earnings Results, Beats Expectations By $0.02 EPS

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

Dingdong (Cayman) Stock Up 14.2 %

Shares of Dingdong (Cayman) stock traded up $0.45 during trading hours on Thursday, hitting $3.59. The company’s stock had a trading volume of 1,625,174 shares, compared to its average volume of 629,580. The company has a market capitalization of $846.88 million, a PE ratio of 39.83 and a beta of 0.45. The business has a fifty day moving average of $3.39 and a 200 day moving average of $3.41. Dingdong has a 1-year low of $1.08 and a 1-year high of $4.79.

Dingdong (Cayman) Company Profile

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.