PDD Holdings Inc ADR (NASDAQ:PDD) currently has a daily average trading volume of 8.71M but it saw 5445425 shares traded in last market. With a market cap of 163.68B USD, the company’s current market price of $117.86 came falling about -0.10 while comparing to the previous closing price of $117.98. 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 $117.01 while lowest mark touched by it was $119.43.
Taking a look at 20-day trading activity of PDD Holdings Inc ADR (PDD) gives us an average price of $120.08, while its current price level is -28.44% below from 52-week high level whereas it is 33.92% 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 $111.09 while that of 200 days or SMA-200 reads an average of $121.13. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.57% during that period while stretching the period over a month that increases to 4.07%. 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 51.71 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 -1.95% down while it is 1.31% when we observe its performance for the past one month. Year-to-date it is 21.52% up and over the past year, the stock is showing an upside performance of 6.82%.
The company is expected to be releasing its next quarterly report on 2024-Nov-20, for which analysts forecasted an EPS of 19.67 while estimate for next year EPS is 81.92. In next quarter, company is expected to be making quarterly sales of $113.39B as analysts are expecting the sales for current fiscal year at $398.07B and seeing the company making $497.73B in sales next year. Moreover, analysts are in estimates of $115.77B for current-quarter revenue.
Currently, PDD Holdings Inc ADR’s total number of outstanding shares is 1.39B with 0.00% of that held by the insiders while 31.90% of its common stock has been owned by the institutions. 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 11.59 while having a 10.11 of forward P/E ratio. Stock’s beta reads 0.72. Stock has a price to book (P/B) ratio of 4.12 while price to sale or P/S ratio amounts to 3.17. Its return on asset (ROA) is 27.42% on average.
