Pinduoduo has been somewhat immune to the crisis with its shares rising 5.17% to $144.78 at 10:48 EST on Friday, after two sequential sessions in a rows of gains. The Nasdaq Stock Market is rising 0.06% to $11911.7, after one sequential session in a rows of gains, on what seems, up until now, a somewhat positive trend exchanging session on The Nasdaq Stock Market.
Pinduoduo’s last close was $137.66, below its 52-week high of $155.61.
Pinduoduo’s sales growth is 84% for the ongoing quarter and 183.1% for the next. The company’s growth estimates for the present quarter and the next is 120% and 84.6%, respectively.
Pinduoduo’s stock is valued at $144.78 at 10:48 EST, below its 52-week high of $155.61 and way higher than its 52-week low of $30.2.
Pinduoduo’s value is way higher than its 50-day moving average of $97.35 and way above its 200-day moving average of $83.7.