Even though Pinduoduo has been somewhat immune to the crisis, shares dropping 3.92% to $138.40 at 09:53 EST on Monday, following yesterday’s downward trend. The Nasdaq Stock Market is rising 2.96% to $12,205.80, after four consecutive sessions in a row of gains, on what up to now seems, an all-around positive trend exchanging session today.
Pinduoduo’s last close was $135.90, 12.43% below its 52-week high of $155.61.
Pinduoduo’s sales growth is 83.7% for the current quarter and 184.8% for the next. The company’s growth estimates for the ongoing quarter and the next is 160% and 82.1%, respectively.
Pinduoduo’s stock is valued at $138.40 at 09:53 EST, way below its 52-week high of $155.61 and way above its 52-week low of $30.20.
Pinduoduo’s value is way above its 50-day moving average of $105.81 and way higher than its 200-day moving average of $86.55.