PDD Holdings Inc ADR (NASDAQ: PDD): A Suicide Machine Or A Millionaire’s Dream?

In today’s recent session, 2.54 million shares of the PDD Holdings Inc ADR (NASDAQ:PDD) have been traded, and its beta is 0.62. Most recently the company’s share price was $138.56, and it changed around -$1.44 or -1.03% from the last close, which brings the market valuation of the company to $184.09B. PDD at last check was trading at a discount to its 52-week high of $164.69, offering almost -18.86% off that amount. The share price’s 52-week low was $66.40, which indicates that the recent value has risen by an impressive 52.08% since then. We note from PDD Holdings Inc ADR’s average daily trading volume that its 3-month average coming to 8.87 million.

PDD Holdings Inc ADR stock received a consensus recommendation rating of Hold, based on a mean score of 1.27. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended PDD as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.

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PDD Holdings Inc ADR (NASDAQ:PDD) trade information

Instantly PDD has been showing red trend so far today with a performance of -1.03% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -5.30% year-to-date, but still down -3.90% over the last five days. On the other hand, PDD Holdings Inc ADR (NASDAQ:PDD) is -12.06% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $157.2, which translates to bulls needing to increase their stock price by 11.86% from its current value. Analyst projections state that PDD is forecast to be at a low of $80 and a high of $248.

PDD Holdings Inc ADR (PDD) estimates and forecasts

PDD Holdings Inc ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -4.10 percent over the past six months and at a 87.80% annual growth rate that is well above the industry average of 4.20%.

PDD Holdings Inc ADR earnings are expected to increase by 77.56% in 2024, but the outlook is positive 43.96% per year for the next five years.