Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. PDD Holdings Inc ADR’s current trading price is -25.24% away from its 52-week high, while its distance from the 52-week low is 39.90%. The stock’s price range during this period has varied between $88.01 and $164.69. The company, active in the Consumer Cyclical sector, saw a trading volume of around 3.71 million for the day, considerably lower average daily volume of 15.7 million observed over the last three months.
PDD Holdings Inc ADR had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $164.69 on 05/24/24, while the lowest price during the same period was $88.01 on 08/28/24.
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How Financial Performance Impacts Market Capitalization
PDD Holdings Inc ADR (PDD) has experienced a quarterly decline of -3.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 171.00B and boasts a workforce of 17403 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 128.98, with a change in price of -23.02. Similarly, PDD Holdings Inc ADR recorded 12,551,109 in trading volume during the last 100 days, posting a change of -15.78%.
How PDD’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for PDD stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.
PDD Stock Stochastic Average
As of today, the raw stochastic average of PDD Holdings Inc ADR over the last 50 days is at 51.51%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 5.61%. Further, the company’s Stochastic %K and %D values for the last 20 days were 3.23% and 14.69%, respectively.
PDD Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -15.84%. However, over the past six months, we’ve seen a stronger performance of -4.78%. The price of PDD leaped by -4.85% over the last 30 days. And in the last five days, it has fallen by -1.20%.
