Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, PDD Holdings Inc ADR (NASDAQ: PDD) closed at $94.39 down -3.14% from its previous closing price of $97.45. In other words, the price has decreased by -$3.14 from its previous closing price. On the day, 14.7 million shares were traded. PDD stock price reached its highest trading level at $96.82 during the session, while it also had its lowest trading level at $94.25.
Ratios:
For a deeper understanding of PDD Holdings Inc ADR’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 131086000128 and an Enterprise Value of 369469816832. As of this moment, PDD’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.28, and their Forward P/E ratio for the next fiscal year is 7.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.54 while its Price-to-Book (P/B) ratio in mrq is 3.30. 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 -14.23%, while the 200-Day Moving Average is calculated to be -24.41%.
Shares Statistics:
For the past three months, PDD has traded an average of 11.98M shares per day and 8134220 over the past ten days. A total of 1.39B shares are outstanding, with a floating share count of 1.35B. Insiders hold about 2.75% 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 2.39, compared to 1727654400 on 35780674. Therefore, it implies a Short% of Shares Outstanding of 26393031 and a Short% of Float of 3.2.
