During the recent session, PDD Holdings Inc ADR (NASDAQ:PDD)’s traded shares were 5.07 million, with the beta value of the company hitting 0.66. At the last check today, the stock’s price was $125.98, reflecting an intraday gain of 0.15% or $0.19. The 52-week high for the PDD share is $152.99, that puts it down -21.44 from that peak though still a striking 52.64% gain since the share price plummeted to a 52-week low of $59.67. The company’s market capitalization is $167.38B, and the average trade volume was 8.87 million shares over the past three months.
PDD Holdings Inc ADR (NASDAQ:PDD) trade information
PDD Holdings Inc ADR (PDD) registered a 0.15% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.15% in intraday trading to $125.98, hitting a weekly high. The stock’s 5-day price performance is 11.01%, and it has moved by 7.99% in 30 days. Based on these gigs, the overall price performance for the year is 93.37%.
PDD Holdings Inc ADR (PDD) estimates and forecasts
Statistics show that PDD Holdings Inc ADR has outperformed its competitors in share price, compared to the industry in which it operates. PDD Holdings Inc ADR (PDD) shares have gone up 17.20% during the last six months, with a year-to-date growth rate more than the industry average at 29.12% against 15.80. In the rating firms’ projections, revenue will increase 52.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 10.41B as predicted by 14 analyst(s). Meanwhile, a consensus of 12 analyst(s) estimates revenue growth to 12.48B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 4.45B and 5.97B respectively. In this case, analysts expect current quarter sales to grow by 134.00% and then jump by 109.10% in the coming quarter. While earnings are projected to return 32.49% in 2024, the next five years will return 26.59% per annum.
PDD Dividends
PDD Holdings Inc ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
