In the last trading session, 19.09 million PDD Holdings Inc ADR (NASDAQ:PDD) shares changed hands as the company’s beta touched 0.64. With the company’s per share price at $157.57 changed hands at $3.94 or 2.56% during last session, the market valuation stood at $209.35B. PDD’s last price was a discount, traded about -1.54% off its 52-week high of $160.00. The share price had its 52-week low at $59.98, which suggests the last value was 61.93% up since then. When we look at PDD Holdings Inc ADR’s average trading volume, we note the 3-month average coming to 9.73 million.
PDD Holdings Inc ADR (NASDAQ:PDD) trade information
Instantly PDD was in green as seen at the end of in last trading. With action 7.78%, the performance over the past five days has been green. The jump to weekly highs of 164.69 added 2.56% to the stock’s daily price. The company’s shares are showing year-to-date upside of 7.70%, with the 5-day performance at 7.78% in the green. However, in the 30-day time frame, PDD Holdings Inc ADR (NASDAQ:PDD) is 25.26% up.
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PDD Holdings Inc ADR (PDD) estimates and forecasts
Data shows that the PDD Holdings Inc ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 34.17% over the past 6 months, a 49.70% in annual growth rate that is considerably higher than the industry average of 21.30%. Year-over-year growth is forecast to reach 65.70% up from the last financial year.
Consensus estimates given by 16 financial analysts project the company’s revenue in the current quarter to hit an average of 13.86B. 13 analysts are of the opinion that PDD Holdings Inc ADR’s revenue for the current quarter will be 15.02B. The company’s revenue for the corresponding quarters a year ago was 5.97B and 9.66B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 132.10%. The estimates for the next quarter sales put growth at 55.60%.
The 2024 estimates are for PDD Holdings Inc ADR earnings to increase by 75.57%, but the outlook for the next 5-year period is at 26.59% per year.
PDD Dividends
PDD Holdings Inc ADR is expected to release its next quarterly earnings report in June.
