PDD Holdings Inc ADR (PDD) Stock Could Soon Reward Patient Investors

PDD Holdings Inc ADR (NASDAQ: PDD) is -30.08% 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 $99.90 in the last trading session, with the day’s gains setting it 2.4%.

Currently trading at $102.30, the stock is 4.51% and -15.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.5 million and changing 2.40% at the moment leaves the stock -22.12% off its SMA200. PDD registered 10.99% gain for a year compared to 6-month gain of -16.82%.

The stock witnessed a -30.50% loss in the last 1 month and extending the period to 3 months gives it a -27.72%, and is 5.25% up 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 2.35% over the week and 4.64% over the month.

PDD Holdings Inc ADR (PDD) has around 17403 employees, a market worth around $142.07B and $47.27B in sales. Current P/E ratio is 11.03 and Fwd P/E is 7.11. Profit margin for the company is 28.94%. Distance from 52-week low is 16.24% and -37.88% from its 52-week high. The company has generated returns on investments over the last 12 months (37.95%).

The EPS is expected to grow by 83.77% this year.

PDD Holdings Inc ADR (PDD) Top Institutional Holders

The shares outstanding are 1.38B, and float is at 1.35B with Short Float at 2.51%.

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.