(VIANEWS) – The NASDAQ ended the session with Pinduoduo jumping 18.81% to $71.31 on Friday, after three consecutive sessions in a row of losses. NASDAQ jumped 2.19% to $12,975.69, following the last session’s upward trend on what was an all-around up trend trading session today.

Pinduoduo’s last close was $60.02, 43.58% below its 52-week high of $106.38.

About Pinduoduo

PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace. It focuses on bringing businesses and people into the digital economy. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.

Earnings Per Share

As for profitability, Pinduoduo has a trailing twelve months EPS of $3.07.

PE Ratio

Pinduoduo has a trailing twelve months price to earnings ratio of 23.23. Meaning, the purchaser of the share is investing $23.23 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 32.7%.

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).

Earnings Before Interest, Taxes, Depreciation, and Amortization

Pinduoduo’s EBITDA is 8.08.

Sales Growth

Pinduoduo’s sales growth is 37.5% for the ongoing quarter and 27.9% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 46.2%, now sitting on 130.56B for the twelve trailing months.

More news about Pinduoduo (PDD).