PDD Holdings Inc ADR (NASDAQ: PDD) is -36.81% lower on its value in year-to-date trading and has touched a low of $88.01 and a high of $164.69 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PDD stock was last observed hovering at around $93.30 in the last trading session, with the day’s loss setting it -0.84%.
Currently trading at $92.46, the stock is -24.22% and -28.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.25 million and changing -0.90% at the moment leaves the stock -30.51% off its SMA200. PDD registered -4.30% loss for a year compared to 6-month gain of -16.20%.
The stock witnessed a -33.01% loss in the last 1 month and extending the period to 3 months gives it a -35.75%, and is -3.80% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.14% over the week and 4.55% over the month.
PDD Holdings Inc ADR (PDD) has around 17403 employees, a market worth around $128.41B and $47.27B in sales. Current P/E ratio is 9.97 and Fwd P/E is 6.46. Profit margin for the company is 28.94%. Distance from 52-week low is 5.06% and -43.86% from its 52-week high. The company has generated returns on investments over the last 12 months (37.95%).
with sales reaching $14.33B over the same period.The EPS is expected to grow by 84.37% this year, but quarterly earnings will post 64.00% year-over-year. Quarterly sales are estimated to grow 48.40% in year-over-year returns.
PDD Holdings Inc ADR (PDD) Top Institutional Holders
The shares outstanding are 1.38B, and float is at 1.35B with Short Float at 2.31%.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 35.13 million shares valued at $4.67 billion. The investor’s holdings represent 2.5503% of the PDD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 29.12 million shares valued at $3.87 billion to account for 2.1138 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 28.25 million shares representing 2.0506% and valued at over $3.76 billion, while FMR LLC holds 1.3994 of the shares totaling 19.28 million with a market value of $2.56 billion.
PDD Holdings Inc ADR (PDD) Insider Activity
#####
