The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The index has shown a price gain of 47.10% this year. Over the last six months, there has been a weaker performance of 90.29%. The price of PDD fallen by 16.72% during the last 30 days period. For the last 5-days stocks have improved 9.82%.
PDD Holdings Inc ADR (PDD) has a current stock price of $119.96. During the previous trading session, the stock witnessed a notable rise, reaching a high of $115.21 after opening at $112.83. The stock’s low for the day was $112.65, and it eventually closed at $115.15.
PDD Holdings Inc ADR’s stock has had a calm market performance. The 1-year high for the company’s stock was $117.05 on 11/20/23, and the lowest price during the same period was recorded at $59.67 on 05/10/23.
52-week price history of PDD Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. PDD Holdings Inc ADR’s current trading price is 2.49% away from its 52-week high, while its distance from the 52-week low is 101.04%. The stock’s price range for this period has been between $59.67 and $117.05. The Consumer Cyclical sector company’s shares saw a trading volume of about 3.58 million for the day, which was lower than the average daily volume of 8.74 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
PDD Holdings Inc ADR (PDD) has experienced a quarterly rise of 54.81% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 159.38B and boasts a workforce of 12992 employees.
Expert Opinions: Analysts’ Ratings for PDD Holdings Inc ADR
As of right now, 35 analysts are rating PDD Holdings Inc ADR as a BUY, 6 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 93.36, with a change in price of +50.54. Similarly, PDD Holdings Inc ADR recorded 8,743,271 in trading volume during the last 100 days, posting a change of +73.35%.
PDD’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for PDD stands at 0.13. Similarly, the long-term debt-to-equity ratio is also 0.02.
PDD Stock Stochastic Average
As of today, the raw stochastic average of PDD Holdings Inc ADR over the last 50 days is at 99.84%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 99.80%. Further, the company’s Stochastic %K and %D values for the last 20 days were 89.64% and 86.41%, respectively.