Shares of Pinduoduo jumped 9.41% to $153.45 at 11:42 EST on Thursday, following last session’s upward trend. NASDAQ Composite is rising 0.11% to $12,785.60, following last session’s downward trend, This seems, up until now, a somewhat positive trend exchanging session today.
Pinduoduo’s last close was $140.25, 6.29% under its 52-week high of $163.10.
Pinduoduo’s sales growth is 86.5% for the present quarter and 190.3% for the next. The company’s growth estimates for the ongoing quarter and the next is 160% and 74.4%, respectively.
Pinduoduo’s Stock Yearly Top and Bottom Value
Pinduoduo’s stock is valued at $153.45 at 11:42 EST, under its 52-week high of $163.10 and way above its 52-week low of $30.20.
Pinduoduo’s Moving Average
Pinduoduo’s value is way higher than its 50-day moving average of $137.62 and way higher than its 200-day moving average of $97.69.