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After finishing at $99.72 in the prior trading day, PDD Holdings Inc ADR (NASDAQ: PDD) closed at $98.87, down -0.85%. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 4.02 million shares were traded. PDD stock price reached its highest trading level at $99.92 during the session, while it also had its lowest trading level at $98.6.
Ratios:
Our goal is to gain a better understanding of PDD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.15 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
On October 07, 2024, Macquarie Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $126 to $224.
Citigroup Downgraded its Buy to Neutral on August 27, 2024, whereas the target price for the stock was revised from $194 to $120.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 09 ’24 when Zhao Jiazhen bought 16 shares for $99.89 per share.
Kam Anthony Ping Leung bought 2,343 shares of PDD for $266,633 on Sep 25 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PDD now has a Market Capitalization of 137307701248 and an Enterprise Value of 369469816832. As of this moment, PDD’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.72, and their Forward P/E ratio for the next fiscal year is 7.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.66 while its Price-to-Book (P/B) ratio in mrq is 3.46. Its current Enterprise Value per Revenue stands at 1.082 whereas that against EBITDA is 3.783.
Stock Price History:
Over the past 52 weeks, PDD has reached a high of $164.69, while it has fallen to a 52-week low of $88.01. The 50-Day Moving Average of the stock is -11.12%, while the 200-Day Moving Average is calculated to be -21.00%.
Shares Statistics:
The stock has traded on average 13.19M shares per day over the past 3-months and 9152430 shares per day over the last 10 days, according to various share statistics. A total of 1.39B shares are outstanding, with a floating share count of 1.35B. Insiders hold about 2.75% of the company’s shares, while institutions hold 29.35% stake in the company. Shares short for PDD as of 1730332800 were 26393031 with a Short Ratio of 2.17, compared to 1727654400 on 35780674. Therefore, it implies a Short% of Shares Outstanding of 26393031 and a Short% of Float of 3.2.
