Even though Pinduoduo has been somewhat immune to the crisis, shares falling 3.94% to $138.37 at 15:09 EST on Monday, following yesterday’s upward trend. The Nasdaq Stock Market is falling 0.16% to $12,185.90, after four successive sessions in a row of gains, on what up to now seems, a somewhat rough trend trading session today.
Pinduoduo’s last close was $144.05, 12.46% 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 current quarter and the next is 170% and 76.9%, respectively.
Pinduoduo’s stock is valued at $138.37 at 15:09 EST, way below 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.