Currently, there are 1.32B common shares owned by the public and among those 1.30B shares have been available to trade.
The company’s stock has a 5-day price change of 8.61% and 21.45% over the past three months. PDD shares are trading -10.07% year to date (YTD), with the 12-month market performance up to 40.15% higher. It has a 12-month low price of $59.67 and touched a high of $152.99 over the same period. PDD has an average intraday trading volume of 0.96 shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.39%, -7.01%, and 30.96% respectively.
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Institutional ownership of PDD Holdings Inc ADR (NASDAQ: PDD) shares accounts for 27.07% of the company’s 1.32B shares outstanding.
It has a market capitalization of $174.80B and a beta (3y monthly) value of 0.67. The stock’s trailing 12-month PE ratio is 29.47, while the earnings-per-share (ttm) stands at $4.46. The company has a PEG of 1.06 and a Quick Ratio of 1.83 with the debt-to-equity ratio at 0.12. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.37% over the week and 3.29% over the month.
Analysts forecast that PDD Holdings Inc ADR (PDD) will achieve an EPS of $Pioneer Natural Resources Compa for the current quarter, $229.34 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $PIMCO Dynamic Income Fund while analysts give the company a high EPS estimate of $DuPont de Nemours, Inc.. Comparatively, EPS for the current quarter was $Prologis, Inc. a year ago. Earnings per share for the fiscal year are expected to increase by 48.42%, and 31.62% over the next financial year.
Looking at the support for the PDD, a number of firms have released research notes about the stock. UBS stated their Buy rating for the stock in a research note on November 01, 2023, with the firm’s price target at $115-$137.
