Pinduoduo has been somewhat immune to the crisis with its shares rising 6.81% to $156.78 at 14:14 EST on Tuesday, after four consecutive sessions in a row of gains. The Nasdaq Stock Market is rising 0.32% to $12,559.50, after three successive sessions in a row of gains, on what up to now seems, a somewhat positive trend trading session today.
Pinduoduo’s last close was $146.79, 3.01% under its 52-week high of $161.50.
Pinduoduo’s sales growth is 87.1% for the ongoing quarter and 191.2% 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 $156.78 at 14:14 EST, under its 52-week high of $161.50 and way higher than its 52-week low of $30.20.
Pinduoduo’s Moving Average
Pinduoduo’s worth is way above its 50-day moving average of $118.10 and way higher than its 200-day moving average of $91.11.