Shares of Pinduoduo fell 6.91% to $146.60 at 14:32 EST on Wednesday, after five consecutive sessions in a row of gains. The Nasdaq Stock Market is sliding 1.38% to $12,409.00, after four sequential sessions in a row of gains, on what up to now seems, an all-around negative trend exchanging session today.
Pinduoduo’s last close was $157.49, 11.26% below its 52-week high of $163.10.
Pinduoduo’s sales growth is 86.9% for the current quarter and 190.9% for the next. The company’s growth estimates for the ongoing quarter and the next is 170% and 74.4%, respectively.
Pinduoduo’s Stock Top and Bottom Yearly Value
Pinduoduo’s stock is valued at $146.60 at 14:32 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 value is way above its 50-day moving average of $120.20 and way above its 200-day moving average of $91.75.