Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
As of close of business last night, PDD Holdings Inc ADR’s stock clocked out at $112.72, up 2.34% from its previous closing price of $110.14. In other words, the price has increased by $2.34 from its previous closing price. On the day, 5.37 million shares were traded. PDD stock price reached its highest trading level at $112.92 during the session, while it also had its lowest trading level at $110.5.
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 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 30 ’24 when Zhao Jiazhen bought 40,000 shares for $97.45 per share.
Zhao Jiazhen bought 16 shares of PDD for $1,598 on Dec 09 ’24. On Sep 25 ’24, another insider, Kam Anthony Ping Leung, who serves as the Director of the company, bought 2,343 shares for $113.80 each.
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 156542156800 and an Enterprise Value of 369469816832. As of this moment, PDD’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.08, and their Forward P/E ratio for the next fiscal year is 8.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.03 while its Price-to-Book (P/B) ratio in mrq is 3.94. Its current Enterprise Value per Revenue stands at 1.082 whereas that against EBITDA is 3.783.
Stock Price History:
The Beta on a monthly basis for PDD is 0.69, which has changed by -0.13602132 over the last 52 weeks, in comparison to a change of 0.20587826 over the same period for the S&P500. 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 10.00%, while the 200-Day Moving Average is calculated to be -8.37%.
Shares Statistics:
It appears that PDD traded 9.76M shares on average per day over the past three months and 9365940 shares per day over the past ten days. A total of 1.39B shares are outstanding, with a floating share count of 1.35B. Insiders hold about 2.83% of the company’s shares, while institutions hold 29.06% stake in the company. Shares short for PDD as of 1730332800 were 26393031 with a Short Ratio of 2.62, compared to 1727654400 on 35780674. Therefore, it implies a Short% of Shares Outstanding of 26393031 and a Short% of Float of 3.2.
