Pinduoduo has been somewhat immune to the crisis with its shares rising 7.07% to $157.18 at 15:13 EST on Tuesday, after four sequential sessions in a row of gains. The Nasdaq Stock Market is jumping 0.59% to $12,593.20, after three successive sessions in a row of gains, on what as yet seems, a somewhat positive trend exchanging session today.
Pinduoduo’s last close was $146.79, 2.75% below its 52-week high of $161.50.
Pinduoduo’s sales growth is 87.1% for the current quarter and 191.2% for the next. The company’s growth estimates for the ongoing quarter and the next is 170% and 74.4%, respectively.
Pinduoduo’s Stock Top and Bottom Yearly Value
Pinduoduo’s stock is valued at $157.18 at 15:13 EST, below its 52-week high of $161.50 and way higher than its 52-week low of $30.20.
Pinduoduo’s Moving Average
Pinduoduo’s value is way higher than its 50-day moving average of $118.10 and way above its 200-day moving average of $91.11.