Shares of Pinduoduo jumped by a staggering 10.75% to $155.33 at 10:40 EST on Thursday, following last session’s upward trend. NASDAQ Composite is rising 0.46% to $12,829.80, following last session’s downward trend, This seems, at the moment, a somewhat positive trend trading session today.
Pinduoduo’s last close was $140.25, 5.00% under its 52-week high of $163.10.
Pinduoduo’s sales growth is 86.5% for the ongoing 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 $155.33 at 10:40 EST, below 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.