(VIANEWS) – Shares of Pinduoduo (NASDAQ: PDD) dropped by a staggering 17.47% in 5 sessions from $94.52 at -17.47, to $78.01 at 14:14 EST on Tuesday, after three successive sessions in a row of losses. NASDAQ is rising 0.97% to $11,788.99, following the last session’s upward trend.
Pinduoduo’s last close was $78.91, 25.82% below its 52-week high of $106.38.
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%.
Moving Average
Pinduoduo’s value is way below its 50-day moving average of $92.66 and way above its 200-day moving average of $69.79.
Yearly Top and Bottom Value
Pinduoduo’s stock is valued at $78.01 at 14:14 EST, way under its 52-week high of $106.38 and way above its 52-week low of $23.21.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 36.4% and 54.5%, respectively.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Pinduoduo’s stock is considered to be overbought (>=80).
More news about Pinduoduo (PDD).
