Pinduoduo has been somewhat immune to the crisis with its shares jumping 3.75% to $153.10 at 11:09 EST on Thursday, following yesterday’s downward trend. The Nasdaq Stock Market is jumping 0.41% to $12,389.90, following yesterday’s downward trend, on what up until now seems, a somewhat positive trend exchanging session today.
Pinduoduo’s last close was $147.57, 6.53% under its 52-week high of $163.10.
Pinduoduo’s sales growth is 86.8% for the ongoing quarter and 190.7% 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 $153.10 at 11:09 EST, under its 52-week high of $163.10 and way higher than its 52-week low of $30.20.
Pinduoduo’s Moving Average
Pinduoduo’s value is way above its 50-day moving average of $121.87 and way higher than its 200-day moving average of $92.16.