PDD Holdings Inc ADR (NASDAQ:PDD) shares, rose in value, with the stock price down by -4.15% to the previous day’s close as strong demand from buyers drove the stock to $119.21.
Actively observing the price movement in the recent trading, the stock is buoying the session at $124.36, falling within a range of $119.03 and $122.4. The value of beta (5-year monthly) is 0.683 whereas the PE ratio is 11.29 over 12-month period. Referring to stock’s 52-week performance, its high was $164.69, and the low was $88.01. On the whole, PDD has fluctuated by 0.44% over the past month.
With the market capitalization of PDD Holdings Inc ADR currently standing at about $165.55 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-19.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 476.47B, with a low estimate of 86.81B and a high estimate of 110.78B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 102.43B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PDD’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.68, with the price of PDD currently trading nearly -2.18% and 1.32% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.02, while the 7-day volatility ratio is showing 3.36% which for the 30-day chart, stands at 3.87%. Furthermore, PDD Holdings Inc ADR (PDD)’s beta value is 0.71, and its average true range (ATR) is 5.40.
A comparison of PDD Holdings Inc ADR (PDD) with its peers suggests the former has fared considerably weaker in the market. PDD showed an intraday change of -4.15% in today’s session so far, and over the past year, it shrunk by -0.75%%.
Data on historical trading for PDD Holdings Inc ADR (NASDAQ:PDD) indicates that the trading volumes over the past 10 days have averaged 11.5 and over the past 3 months, they’ve averaged 9.17 million. According to company’s latest data on outstanding shares, there are 1.39 billion shares outstanding.
Nearly 2.71% of PDD Holdings Inc ADR’s shares belong to company insiders and institutional investors own 27.20% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 23.9 million shares as on 2025-03-14, resulting in a short ratio of 2.6. The stock has risen by 22.90% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PDD stock heading into the next quarter.
