Pinduoduo has been somewhat immune to the crisis with its shares jumping 2.16% to $144.10 at 11:09 EST on Tuesday, following yesterday’s downward trend. The Nasdaq Stock Market is jumping 0.32% to $11,919.10, following yesterday’s upward trend, on what so far seems, a somewhat positive trend trading session today.
Pinduoduo’s last close was $141.05, below its 52-week high of $155.61.
Pinduoduo’s sales growth is 83.7% for the present quarter and 182.6% 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 $144.10 at 11:09 EST, under its 52-week high of $155.61 and way above its 52-week low of $30.20.
Pinduoduo’s value is way higher than its 50-day moving average of $101.21 and way higher than its 200-day moving average of $85.55.