Growth Story Still Intact For PDD Holdings Inc ADR (PDD)

PDD Holdings Inc ADR (PDD) concluded trading on Tuesday at a closing price of $99.72, with 3.01 million shares of worth about $300.48 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -27.84% during that period and on December 24, 2024 the price saw a loss of about -0.86%. Currently the company’s common shares owned by public are about 1.39B shares, out of which, 1.35B shares are available for trading.

Stock saw a price change of -2.61% in past 5 days and over the past one month there was a price change of -0.32%. Year-to-date (YTD), PDD shares are showing a performance of -31.82% which decreased to -30.96% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $88.01 but also hit the highest price of $164.69 during that period. The average intraday trading volume for PDD Holdings Inc ADR shares is 13.61 million. The stock is currently trading -1.22% below its 20-day simple moving average (SMA20), while that difference is down -10.83% for SMA50 and it goes to -20.38% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

PDD Holdings Inc ADR (NASDAQ: PDD) currently have 1.39B outstanding shares and institutions hold larger chunk of about 29.35% of that.

The stock has a current market capitalization of $138.49B and its 3Y-monthly beta is at 0.65. PE ratio of stock for trailing 12 months is 9.81, while it has posted earnings per share of $10.17 in the same period. Its PEG reads 0.46 and has Quick Ratio of 2.15 while making debt-to-equity ratio of 0.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PDD, volatility over the week remained 2.18% while standing at 2.78% over the month.

Stock’s fiscal year EPS is expected to rise by 75.91% while it is estimated to increase by 15.26% in next year.

Coverage by Macquarie stated PDD Holdings Inc ADR (PDD) stock as an Outperform in their note to investors on October 07, 2024, suggesting a price target of $224 for the stock. On August 27, 2024, Citigroup Downgrade their recommendations, while on August 26, 2024, Jefferies Reiterated their ratings for the stock with a price target of $151. Stock get a Neutral rating from Macquarie on August 26, 2024.

Most Popular

Related Posts