(VIANEWS) – Shares of Pinduoduo (NASDAQ: PDD) rose by a staggering 33.83% in 10 sessions from $47.46 at 2022-10-25, to $63.52 at 12:18 EST on Monday, after two sequential sessions in a row of gains. NASDAQ is sliding 0.03% to $10,471.89, following the last session’s upward trend.
Pinduoduo’s last close was $61.89, 35.25% below its 52-week high of $95.58.
Through its subsidiaries, Pinduoduo Inc. operates an ecommerce platform in China. Pinduoduo is a mobile platform which offers apparel, footwear, bags, mom and child products as well as electronic appliances, household goods and cosmetics. It also sells auto accessories and personal care products. The business was previously known as Walnut Street Group Holding Limited. In July 2018, it changed its name from Pinduoduo Inc. Pinduoduo Inc. is an entity that was established in 2015. Its headquarters are in Shanghai, People’s Republic of China.
Earnings per Share
Pinduoduo’s trailing 12 months profit per share is $-0.93.
For the 12 trailing months, the company’s return-on-equity, which is a measure of the profitability and shareholder equity for a business, was 19.1%.
Pinduoduo last week’s and last month’s intraday variations averages were positive at 3.16% and negative at 0.03% respectively, while the positive was 3.99%.
Pinduoduo had the highest average volatility amplitude at 4.29%, 5.34% and 3.99% respectively.
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