PDD Holdings Inc ADR Shares Are Up 91.86% Since The Beginning Of The Year

PDD Holdings Inc ADR (NASDAQ:PDD) has a beta value of 0.62 and has seen 2.92 million shares traded in the recent trading session. The company, currently valued at $181.72B, closed the recent trade at $136.77 per share which meant it gained $2.89 on the day or 2.16% during that session. The PDD stock price is -20.41% off its 52-week high price of $164.69 and 50.61% above the 52-week low of $67.55. The 3-month trading volume is 8.99 million shares.

PDD Holdings Inc ADR (NASDAQ:PDD) trade information

Sporting 2.16% in the green today, the stock has traded in the red over the last five days, when the PDD stock price touched $136.77 or saw a rise of 1.32%. Year-to-date, PDD Holdings Inc ADR shares have moved -6.52%, while the 5-day performance has seen it change -1.05%. Over the past 30 days, the shares of PDD Holdings Inc ADR (NASDAQ:PDD) have changed -6.91%.

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PDD Holdings Inc ADR (PDD) estimates and forecasts

Figures show that PDD Holdings Inc ADR shares have outperformed across the wider relevant industry. The company’s shares have lost -6.09% over the past 6 months, with this year growth rate of 87.80%, compared to 1.90% for the industry. Revenue growth from the last financial year stood is estimated to be 65.00%.

16 analysts offering their estimates for the company have set an average revenue estimate of 13.8B for the current quarter. 12 have an estimated revenue figure of 14.97B for the next ending quarter. Year-ago sales stood 5.97B and 9.66B respectively for this quarter and the next, and analysts expect sales will grow by 131.20% for the current quarter and 65.00% for the next.

Earnings growth for 2024 is a modest 81.89% while over the next 5 years, the company’s earnings are expected to increase by 43.96%.

PDD Dividends

PDD Holdings Inc ADR is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.