PDD Holdings Inc ADR (NASDAQ: PDD) is -0.49% lower on its value in year-to-date trading and has touched a low of $87.11 and a high of $155.67 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 $98.29 in the last trading session, with the day’s loss setting it -1.78%.
Currently trading at $96.51, the stock is -13.79% and -11.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.16 million and changing -1.81% at the moment leaves the stock -14.77% off its SMA200. PDD registered -35.54% loss for a year compared to 6-month gain of -4.15%. The firm has a 50-day simple moving average (SMA 50) of $109.114 and a 200-day simple moving average (SMA200) of $113.2337.
The stock witnessed a -8.58% loss in the last 1 month and extending the period to 3 months gives it a -15.11%, and is -19.44% 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 6.64% over the week and 4.10% over the month.
PDD Holdings Inc ADR (PDD) has around 23465 employees, a market worth around $134.03B and $55.80B in sales. Current P/E ratio is 10.39 and Fwd P/E is 8.19. Profit margin for the company is 24.64%. Distance from 52-week low is 10.79% and -38.00% from its 52-week high. The company has generated returns on investments over the last 12 months (29.91%).
with sales reaching $102.97B over the same period.The EPS is expected to shrink by -21.27% this year, but quarterly earnings will post 8.59% year-over-year. Quarterly sales are estimated to grow 6.09% in year-over-year returns.
PDD Holdings Inc ADR (PDD) Top Institutional Holders
1046.0 institutions hold shares in PDD Holdings Inc ADR (PDD), with institutional investors hold 32.44% of the company’s shares. The shares outstanding are 1.39B, and float is at 1.35B with Short Float at 2.14%. Institutions hold 32.44% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 11.98 million shares valued at $1.59 billion. The investor’s holdings represent 0.8082% of the PDD Shares outstanding. As of 2024-06-30, the second largest holder is BAILLIE GIFFORD & CO with 35.13 million shares valued at $4.67 billion to account for 0.5926 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 29.12 million shares representing 0.4912% and valued at over $3.87 billion, while VANGUARD GROUP INC holds 0.4765 of the shares totaling 28.25 million with a market value of $3.76 billion.
PDD Holdings Inc ADR (PDD) Insider Activity
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Still, SEC filings show that on Dec 09 ’24, Zhao Jiazhen (Officer) Proposed Sale 16 shares at an average price of $99.89 for $1598.0. The insider now directly holds shares of PDD Holdings Inc ADR (PDD).
