Pinduoduo has been somewhat immune to the crisis with its shares rising 2.57% to $150.12 at 10:17 EST on Monday, after two successive sessions in a row of gains. The Nasdaq Stock Market is jumping 0.7% to $12,464.20, after two successive sessions in a row of gains, on what up until now seems, a somewhat positive trend exchanging session today.
Pinduoduo’s last close was $145.16, 3.66% under its 52-week high of $155.61.
Pinduoduo’s sales growth is 86.2% for the present quarter and 189.8% 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 $150.12 at 10:17 EST, below its 52-week high of $155.61 and way above its 52-week low of $30.20.
Pinduoduo’s Moving Average
Pinduoduo’s worth is way above its 50-day moving average of $114.49 and way higher than its 200-day moving average of $89.50.