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As of close of business last night, PDD Holdings Inc ADR’s stock clocked out at $125.79, down -1.38% from its previous closing price of $127.55. In other words, the price has decreased by -$1.38 from its previous closing price. On the day, 6.84 million shares were traded. PDD stock price reached its highest trading level at $126.175 during the session, while it also had its lowest trading level at $124.06.
Ratios:
To gain a deeper understanding of PDD’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.83 and its Current Ratio is at 1.93. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on March 11, 2024, Upgraded its rating to Buy and sets its target price to $157 from $117 previously.
On March 11, 2024, Goldman Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $136.
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 169461776384 and an Enterprise Value of 482047655936. As of this moment, PDD’s Price-to-Earnings (P/E) ratio for their current fiscal year is 21.90, and their Forward P/E ratio for the next fiscal year is 11.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.81 while its Price-to-Book (P/B) ratio in mrq is 7.53. Its current Enterprise Value per Revenue stands at 1.947 whereas that against EBITDA is 7.912.
Stock Price History:
Over the past 52 weeks, PDD has reached a high of $152.99, while it has fallen to a 52-week low of $59.67. The 50-Day Moving Average of the stock is 2.90%, while the 200-Day Moving Average is calculated to be 10.13%.
Shares Statistics:
It appears that PDD traded 8.81M shares on average per day over the past three months and 8562190 shares per day over the past ten days. A total of 1.33B shares are outstanding, with a floating share count of 1.30B. Insiders hold about 2.11% of the company’s shares, while institutions hold 28.43% stake in the company. Shares short for PDD as of 1713139200 were 28545775 with a Short Ratio of 3.24, compared to 1710460800 on 23766398.
