PDD Holdings Inc ADR (NASDAQ:PDD) currently has a daily average trading volume of 13.63M but it saw 8505352 shares traded in last market. With a market cap of 145.35B USD, the company’s current market price of $104.66 came rising about 1.20 while comparing to the previous closing price of $103.42. 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 $103.1 while lowest mark touched by it was $105.005.
Taking a look at 20-day trading activity of PDD Holdings Inc ADR (PDD) gives us an average price of $104.76, while its current price level is -36.45% below from 52-week high level whereas it is 18.92% 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 $119.07 while that of 200 days or SMA-200 reads an average of $125.96. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.59% during that period while stretching the period over a month that decreases to 3.18%. 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 45.39 which implies that the stock is in neutral 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 5.72% up while it is -8.03% when we observe its performance for the past one month. Year-to-date it is -28.47% down and over the past year, the stock is showing a downside performance of -28.89%.
Currently, PDD Holdings Inc ADR’s total number of outstanding shares is 1.39B. 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 10.29 while having a 8.08 of forward P/E ratio. Stock’s beta reads 0.65. Stock has a price to book (P/B) ratio of 3.66 while price to sale or P/S ratio amounts to 2.81. Its return on asset (ROA) is 27.42% on average.
