(VIANEWS) – The NASDAQ ended the session with Pinduoduo jumping 9.39% to $42.22 on Thursday, after three successive sessions in a row of losses. NASDAQ slid 0.26% to $11,388.50, following the last session’s downward trend on what was a somewhat negative trend trading session today.
Today’s last reported volume for Pinduoduo is 13725700, 27.88% below its average volume of 19032100.
Pinduoduo’s last close was $38.59, 73.03% below its 52-week high of $143.11.
Pinduoduo’s sales growth is 17% for the present quarter and 21.9% for the next. The company’s growth estimates for the present quarter and the next is 1850% and 141.7%, respectively.
Year-on-year quarterly revenue growth grew by 51.3%, now sitting on 93.27B for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Pinduoduo’s stock is considered to be oversold (<=20).
Pinduoduo’s Stock Yearly Top and Bottom Value
Pinduoduo’s stock is valued at $42.22 at 19:30 EST, way under its 52-week high of $143.11 and way above its 52-week low of $23.21.
Pinduoduo’s Moving Average
Pinduoduo’s worth is higher than its 50-day moving average of $40.15 and way below its 200-day moving average of $67.79.
More news about Pinduoduo (PDD).