Pinduoduo’s shares felt 5.59% to $135.90 yesterday, following the previous day upward trend. The Nasdaq Stock Market rose 0.48% to $12,094.40, after three consecutive sessions in a row of gains.
Pinduoduo’s last close was $143.94, 14.50% below its 52-week high of $155.61.
Pinduoduo’s sales growth is 83% for the current quarter and 181.6% for the next. The company’s growth estimates for the ongoing quarter and the next is 120% and 84.6%, respectively.
Pinduoduo’s stock is valued at $135.90 at 08:29 EST, way under its 52-week high of $155.61 and way higher than its 52-week low of $30.20.
Pinduoduo’s value is way above its 50-day moving average of $103.21 and way above its 200-day moving average of $86.19.