Pinduoduo has been somewhat immune to the crisis with its shares jumping 4.28% to $143.55 at session close on Friday, after two consecutive sessions in a rows of gains. The Nasdaq Stock Market was down by 0.14% to $11887.9, on a rough trend trading session on The Nasdaq Stock Market.
Pinduoduo’s last close was $137.66, under its 52-week high of $155.61.
Pinduoduo’s sales growth is 84% for the present quarter and 183.1% 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 $143.55 at 16:05 EST, under its 52-week high of $155.61 and way higher than its 52-week low of $30.2.
Pinduoduo’s value is way above its 50-day moving average of $97.35 and way above its 200-day moving average of $83.7.