PDD Holdings Inc ADR (NASDAQ:PDD) currently has a daily average trading volume of 15.24M but it saw 9020161 shares traded in last market. With a market cap of 137.21B USD, the company’s current market price of $98.80 came falling about -0.51 while comparing to the previous closing price of $99.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $164.69 and as low as $88.01. In the recent trading on the day, stock has struck highest price mark of $98.78 while lowest mark touched by it was $101.9.
Taking a look at 20-day trading activity of PDD Holdings Inc ADR (PDD) gives us an average price of $113.75, while its current price level is -40.01% below from 52-week high level whereas it is 12.26% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $123.34 while that of 200 days or SMA-200 reads an average of $127.40. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.08% during that period while stretching the period over a month that decreases to 3.28%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 28.00 which implies that the stock is in oversold territory.
Macquarie upgraded its recommendation for the stock as a “Outperform” from “Neutral” on October 07, 2024 while assigning a price target range of $126-$224. Citigroup also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $194 and $120.
Over the week, PDD’s stock price is moving -15.19% down while it is -21.12% when we observe its performance for the past one month. Year-to-date it is -32.47% down and over the past year, the stock is showing a downside performance of -28.92%.
Currently, PDD Holdings Inc ADR’s total number of outstanding shares is 1.38B. Company’s return on investment (ROI) stands at 36.75% and return on equity (ROE) at 48.55%. It has a price to earnings ratio (P/E ratio) of 9.72 while having a 7.61 of forward P/E ratio. Stock’s beta reads 0.66. Stock has a price to book (P/B) ratio of 3.46 while price to sale or P/S ratio amounts to 2.66. Its return on asset (ROA) is 27.42% on average.
