Pinduoduo has been somewhat immune to the crisis with its shares jumping 4.59% to $143.98 at 15:05 EST on Friday, after two sequential sessions in a rows of gains. The Nasdaq Stock Market is jumping 0.15% to $11923, on what seems, so far, a somewhat positive trend exchanging 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 current quarter and 183.1% for the next. The company’s growth estimates for the current quarter and the next is 120% and 84.6%, respectively.
Pinduoduo’s stock is valued at $143.98 at 15:05 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 higher than its 200-day moving average of $83.7.