Even though Pinduoduo has been somewhat immune to the crisis, shares sliding 4.15% to $137.97 at 10:07 EST on Wednesday, following yesterday’s downward trend. The Nasdaq Stock Market is rising 1.31% to $12,036.80, after two successive sessions in a row of gains, on what as yet seems, an all-around positive trend exchanging session today.
Pinduoduo’s last close was $141.05, 12.79% under its 52-week high of $155.61.
Pinduoduo’s sales growth is 83.7% for the present quarter and 182.6% for the next. The company’s growth estimates for the present quarter and the next is 120% and 84.6%, respectively.
Pinduoduo’s stock is valued at $137.97 at 10:07 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 $101.21 and way higher than its 200-day moving average of $85.55.