Shares of Pinduoduo slid by a staggering 20.77% in 14 days from $104.57 to $125.34 at 12:38 EST on Tuesday, following last session’s downward trend. NASDAQ Composite is sliding 1.09% to $13,762.59, following last session’s downward trend, This seems, at the moment, an all-around negative trend trading session today.
Pinduoduo’s last close was $132.80, 69.62% under its 52-week high of $212.60.
Pinduoduo’s sales growth is 332.7% for the current quarter and 108.8% for the next. The company’s growth estimates for the current quarter and the next is a negative 2.6% and a negative 3300%, respectively.
Year-on-year quarterly revenue growth grew by 146%, now sitting on 59.49B for the twelve trailing months.
Pinduoduo’s Stock Yearly Top and Bottom Value
Pinduoduo’s stock is valued at $125.34 at 12:38 EST, way under its 52-week high of $212.60 and way higher than its 52-week low of $38.56.
Pinduoduo’s Moving Average
Pinduoduo’s value is way under its 50-day moving average of $159.34 and under its 200-day moving average of $139.14.
More news about Pinduoduo.