Even though Pinduoduo has been somewhat immune to the crisis, shares falling 4.33% to $137.81 at 14:09 EST on Monday, following yesterday’s upward trend. The Nasdaq Stock Market is dropping 0.37% to $12,161.20, after four sequential sessions in a row of gains, on what at the moment seems, a somewhat negative trend exchanging session today.
Pinduoduo’s last close was $144.05, 12.92% below its 52-week high of $155.61.
Pinduoduo’s sales growth is 84.4% for the current quarter and 188.9% for the next. The company’s growth estimates for the ongoing quarter and the next is 170% and 76.9%, respectively.
Pinduoduo’s stock is valued at $137.81 at 14:09 EST, way under its 52-week high of $155.61 and way higher than its 52-week low of $30.20.
Pinduoduo’s worth is way higher than its 50-day moving average of $108.67 and way above its 200-day moving average of $87.60.