Shares of Pinduoduo Inc. jumped 12.49 % to $151.10 on Friday, on what substantiated to be an all-around positive exchanging session for the stock market.
The Nasdaq Stock Market fell 0.04 % to $11895.2.
Pinduoduo Inc. closed 134.21 long of its 52-week high of $116.79.
Pinduoduo Inc.’s sales growth is 73.9% for the present quarter and 74.9% for the next. The company’s growth estimates for the present quarter and the next are 15% and 90%, respectively.
As maintained by Pinduoduo Inc.’s income statement, the quarterly revenue growth (YoY) is at 67.3%.
Pinduoduo Inc.’s stock is worthed at $146.12, way long its 52 Week low of $30.2.
Pinduoduo Inc.’s worth is way long than its 50 day moving average of $84.53
Pinduoduo Inc.’s worth is way long than its 200 day moving average of $78.68