Currently, there are 1.39B common shares owned by the public and among those 1.35B shares have been available to trade.
The company’s stock has a 5-day price change of -0.61% and 26.41% over the past three months. PDD shares are trading 32.10% year to date (YTD), with the 12-month market performance down to -3.06% lower. It has a 12-month low price of $88.01 and touched a high of $164.69 over the same period. PDD has an average intraday trading volume of 8.99 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.00%, 10.81%, and 6.65% respectively.
Institutional ownership of PDD Holdings Inc ADR (NASDAQ: PDD) shares accounts for 27.20% of the company’s 1.39B shares outstanding.
It has a market capitalization of $177.93B and a beta (3y monthly) value of 0.69. The stock’s trailing 12-month PE ratio is 12.14, while the earnings-per-share (ttm) stands at $10.56. The company has a PEG of 0.80 and a Quick Ratio of 2.15 with the debt-to-equity ratio at 0.03. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.88% over the week and 4.04% over the month.
Earnings per share for the fiscal year are expected to increase by 6.98%, and 22.35% over the next financial year.
Looking at the support for the PDD, a number of firms have released research notes about the stock. Nomura stated their Neutral rating for the stock in a research note on March 21, 2025, with the firm’s price target at $137-$130. Macquarie was of a view on October 07, 2024 that the stock is Outperform, while Citigroup gave the stock Neutral rating on August 27, 2024, issuing a price target of $194- $120. Jefferies on their part issued Buy rating on August 26, 2024.
