Pinduoduo has been somewhat immune to the crisis with its shares rising 5.1% to $143.50 at 15:08 EST on Wednesday, after two consecutive sessions in a row of losses. The Nasdaq Stock Market is dropping 0.18% to $12,332.50, following yesterday’s upward trend, on what as yet seems, a somewhat rough trend exchanging session today.
Pinduoduo’s last close was $136.54, 8.44% under its 52-week high of $155.61.
Pinduoduo’s sales growth is 85.5% for the current quarter and 188.7% for the next. The company’s growth estimates for the present quarter and the next is 170% and 76.9%, respectively.
Pinduoduo’s Stock Top and Bottom Yearly Value
Pinduoduo’s stock is valued at $143.50 at 15:08 EST, under its 52-week high of $155.61 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 $111.01 and way above its 200-day moving average of $88.71.