Now Is A Good Time To Buy PDD Holdings Inc ADR (NASDAQ: PDD)

During the last session, PDD Holdings Inc ADR (NASDAQ:PDD)’s traded shares were 4.93 million, with the beta value of the company hitting 0.61. At the end of the trading day, the stock’s price was $141.30, reflecting an intraday gain of 1.88% or $2.61. The 52-week high for the PDD share is $152.99, that puts it down -8.27 from that peak though still a striking 57.55% gain since the share price plummeted to a 52-week low of $59.98. The company’s market capitalization is $187.73B, and the average trade volume was 8.80 million shares over the past three months.

PDD Holdings Inc ADR (NASDAQ:PDD) trade information

PDD Holdings Inc ADR (PDD) registered a 1.88% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.88% in intraday trading to $141.30, hitting a weekly high. The stock’s 5-day price performance is 1.54%, and it has moved by 24.47% in 30 days. Based on these gigs, the overall price performance for the year is 113.86%.

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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 29.36% during the last six months, with a year-to-date growth rate more than the industry average at 29.12% against 21.50.

While earnings are projected to return 34.18% 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 June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.