The Nasdaq Stock Market opens in less than one hour and Pinduoduo’s premarket value is already 2.17% up.
Last session, the Nasdaq Stock Market ended with Pinduoduo sliding 5.34% to $139.02. The Nasdaq Stock Market rose 0.51% to $12,807.90, after two successive sessions in a row of losses, on what was a somewhat positive trend exchanging session.
Pinduoduo’s last close was $146.87, 17.32% under its 52-week high of $163.10.
Pinduoduo’s sales growth is 86.9% for the present quarter and 191% for the next. The company’s growth estimates for the present quarter and the next is 160% and 74.4%, respectively.
Pinduoduo’s Stock Yearly Top and Bottom Value
Pinduoduo’s stock is valued at $139.02 at 09:28 EST, way below its 52-week high of $163.10 and way higher than its 52-week low of $30.20.
Pinduoduo’s Moving Average
Pinduoduo’s worth is higher than its 50-day moving average of $135.05 and way higher than its 200-day moving average of $96.89.