PDD Holdings Inc ADR (NASDAQ:PDD) currently has a daily average trading volume of 10.28M but it saw 6094117 shares traded in last market. With a market cap of 139.32B USD, the company’s current market price of $100.32 came falling about -0.30 while comparing to the previous closing price of $100.62. 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 $98.6 while lowest mark touched by it was $101.34.
Taking a look at 20-day trading activity of PDD Holdings Inc ADR (PDD) gives us an average price of $100.02, while its current price level is -39.09% below from 52-week high level whereas it is 13.99% 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 $106.98 while that of 200 days or SMA-200 reads an average of $124.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.13% during that period while stretching the period over a month that decreases to 2.87%. 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 47.40 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 3.43% up while it is 0.43% when we observe its performance for the past one month. Year-to-date it is 3.43% up and over the past year, the stock is showing a downside performance of -32.01%.
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 9.86 while having a 7.80 of forward P/E ratio. Stock’s beta reads 0.65. Stock has a price to book (P/B) ratio of 3.51 while price to sale or P/S ratio amounts to 2.70. Its return on asset (ROA) is 27.42% on average.
