PDD Holdings Inc ADR (NASDAQ: PDD) is -31.18% 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 $100.07 in the last trading session, with the day’s gains setting it 0.62%.
Currently trading at $100.69, the stock is -13.31% and -18.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.2 million and changing 0.62% at the moment leaves the stock -21.16% off its SMA200. PDD registered -15.17% loss for a year compared to 6-month loss of -32.75%. The firm has a 50-day simple moving average (SMA 50) of $123.2376 and a 200-day simple moving average (SMA200) of $127.85125.
The stock witnessed a -17.78% gain in the last 1 month and extending the period to 3 months gives it a 4.98%, and is -14.17% 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 4.03% over the week and 3.27% over the month.
PDD Holdings Inc ADR (PDD) has around 17403 employees, a market worth around $139.84B and $51.64B in sales. Current P/E ratio is 9.90 and Fwd P/E is 7.75. Profit margin for the company is 29.09%. Distance from 52-week low is 14.41% and -38.86% from its 52-week high. The company has generated returns on investments over the last 12 months (36.75%).
with sales reaching $116.04B over the same period.The EPS is expected to grow by 76.09% this year, but quarterly earnings will post 61.17% year-over-year. Quarterly sales are estimated to grow 30.56% 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 1.95%.
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
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