(VIANEWS) - The NASDAQ opens in less than six hours and Pinduoduo's pre-market value is already 4.73% down.
Pinduoduo's last close was $93.42, 12.18% under its 52-week high of $106.38.
The last session, NASDAQ finished with Pinduoduo (PDD) sliding 3.48% to $93.42. NASDAQ fell 0.58% to $11,787.27, after two successive sessions in a row of losses, on what was a somewhat down trend exchanging session.
About Pinduoduo
Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China. It operates Pinduoduo, a mobile platform that offers a range of products, including apparel, shoes, bags, mother and childcare products, food and beverages, fresh produce, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness items, and auto accessories. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was incorporated in 2015 and is headquartered in Shanghai, the People's Republic of China.
Earnings Per Share
As for profitability, Pinduoduo has a trailing twelve months EPS of $-0.93.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 32.76%.Yearly Top and Bottom Value
Pinduoduo's stock is valued at $93.42 at 04:29 EST, way under its 52-week high of $106.38 and way above its 52-week low of $23.21.
Revenue Growth
Year-on-year quarterly revenue growth grew by 65.1%, now sitting on 117.97B for the twelve trailing months.
More news about Pinduoduo (PDD).