(VIANEWS) – NASDAQ Composite ended the session with Pinduoduo jumping 2.22% to $104.52 on Wednesday, after three successive sessions in a row of losses. NASDAQ Composite jumped 0.92% to $14,631.95, following the last session’s upward trend on what was a somewhat bullish trend trading session today.
Today’s last reported volume for Pinduoduo is 4994320, 26.22% below its average volume of 6769190.
Pinduoduo’s last close was $102.25, 51.9% under its 52-week high of $212.60.
The company’s growth estimates for the ongoing quarter and the next is a negative 2300% and a negative 440%, respectively.
Year-on-year quarterly revenue growth grew by 238.9%, now sitting on 75.12B for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Pinduoduo’s stock is considered to be overbought (>=80).
Pinduoduo’s Stock Yearly Top and Bottom Value
Pinduoduo’s stock is valued at $104.52 at 20:10 EST, way under its 52-week high of $212.60 and way higher than its 52-week low of $69.89.
Pinduoduo’s Moving Average
Pinduoduo’s value is way under its 50-day moving average of $121.91 and way under its 200-day moving average of $146.08.
More news about Pinduoduo (PDD).