Pinduoduo has been somewhat immune to the crisis with its shares jumping 4.26% to $143.53 at 10:12 EST on Friday, after two sessions in a row of gains. The Nasdaq Stock Market is rising 0.04% to $11895.2, after two successive sessions of losses, on what seems, as yet, a somewhat positive trend trading session on The Nasdaq Stock Market.
Pinduoduo’s last close was $134.21, above its 52-week high of $116.79.
Pinduoduo’s sales growth is 73.9% for the present quarter and 74.9% for the next. The company’s growth estimates for the current quarter and the next is 15% and 90%, respectively.
Pinduoduo’s stock is valued at $143.53 at 10:12 EST, way above its 52-week high of 116.79.
Pinduoduo’s worth is way higher than its 50-day moving average of $84.53 and way higher than its 200-day moving average of $78.68.