In the last trading session, 50.91 million shares of the PDD Holdings Inc ADR (NASDAQ:PDD) were traded, and its beta was 0.49. Most recently the company’s share price was $102.98, and it changed around -$16.26 or -13.64% from the last close, which brings the market valuation of the company to $143.36B. PDD currently trades at a discount to its 52-week high of $164.69, offering almost -59.92% off that amount. The share price’s 52-week low was $87.11, which indicates that the current value has risen by an impressive 15.41% since then. We note from PDD Holdings Inc ADR’s average daily trading volume that its 10-day average is 10.95 million shares, with the 3-month average coming to 10.08 million.
PDD Holdings Inc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.57. If we narrow it down even further, the data shows that 0 out of 43 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 9 recommended PDD as a Hold, whereas 29 deemed it a Buy, and 0 rated it as Underweight.
PDD Holdings Inc ADR (NASDAQ:PDD) trade information
Instantly PDD has showed a red trend with a performance of -13.64% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 120.00 on recent trading dayincreased the stock’s daily price by 14.18%. The company’s shares are currently up 6.18% year-to-date, but still down -13.06% over the last five days. On the other hand, PDD Holdings Inc ADR (NASDAQ:PDD) is -0.99% down in the 30-day period. We can see from the shorts that 26.79 million shares have been sold at a short interest cover period of 1.98 day(s).
The consensus price target as assigned by Wall Street analysts is $170, which translates to bulls needing to increase their stock price by 39.42% 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 earnings are expected to increase by -5.12% in 2025, but the outlook is positive 11.96% per year for the next five years.
PDD Dividends
PDD Holdings Inc ADR’s next quarterly earnings report is expected to be released on 2025-May-26.
PDD Holdings Inc ADR (NASDAQ:PDD)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.00% of PDD Holdings Inc ADR shares, and 32.44% of them are in the hands of institutional investors. The stock currently has a share float of 32.44%. PDD Holdings Inc ADR stock is held by 1046.0 institutions, with MORGAN STANLEY being the largest institutional investor. By 2024-06-30, it held 0.8082% of the shares, which is about 11.98 million shares worth $1.59 billion.
BAILLIE GIFFORD & CO, with 0.5926% or 35.13 million shares worth $4.67 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
