Pinduoduo has been somewhat immune to the crisis with its shares rising 7.26% to $157.44 at 11:10 EST on Tuesday, after four consecutive sessions in a row of gains. The Nasdaq Stock Market is falling 0.46% to $12,462.30, after three consecutive sessions in a row of gains, on what so far seems, a somewhat negative trend trading session today.
Pinduoduo’s last close was $146.79, 1.18% below its 52-week high of $155.61.
Pinduoduo’s sales growth is 87.1% for the present quarter and 191.2% for the next. The company’s growth estimates for the current quarter and the next is 170% and 74.4%, respectively.
Pinduoduo’s Stock Top and Bottom Yearly Value
Pinduoduo’s stock is valued at $157.44 at 11:10 EST, higher than its 52-week high of $155.61.
Pinduoduo’s Moving Average
Pinduoduo’s value is way above its 50-day moving average of $117.26 and way higher than its 200-day moving average of $90.48.