PDD Holdings Inc ADR (NASDAQ: PDD) on November 20, 2023, started off the session at the price of $115.99, soaring 3.15% from the previous trading day. During the day, the shares moved up to $120.26 and dropped to $115.65 before settling in for the closing price of $115.15. Within the past 52 weeks, PDD’s price has moved between $59.67 and $117.05.
Consumer Cyclical Sector giant saw their annual sales surged by 197.60% over the last five years. The company achieved an average annual earnings per share of 27.61%. With a float of $1.26 billion, this company’s outstanding shares have now reached $1.32 billion.
The firm has a total of 12992 workers. Let’s measure their productivity. In terms of profitability, gross margin is +75.90, operating margin of +23.29, and the pretax margin is +27.89.
PDD Holdings Inc ADR (PDD) Insider Activity
Observing investor behavior towards Internet Retail industry stocks is more important than anything else. The insider ownership of PDD Holdings Inc ADR is 5.01%, while institutional ownership is 27.11%.
PDD Holdings Inc ADR (PDD) Earnings and Forecasts
As on 6/29/2023, Multinational firm has announced its last quarter scores, in which it reported $1.46 earnings per share (EPS) for the period topping the consensus outlook (set at $1.01) by $0.45. This company achieved a net margin of +24.16 while generating a return on equity of 32.61. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.61% per share during the next fiscal year.
PDD Holdings Inc ADR (NASDAQ: PDD) Trading Performance Indicators
PDD Holdings Inc ADR (PDD) is currently performing well based on its current performance indicators. A quick ratio of 1.91 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.07, a number that is poised to hit 1.24 in the next quarter and is forecasted to reach 6.18 in one year’s time.
Technical Analysis of PDD Holdings Inc ADR (PDD)
Analysing the last 5-days average volume posted by the [PDD Holdings Inc ADR, PDD], we can find that recorded value of 7.72 million was lower than the volume posted last year of 9.07 million. As of the previous 9 days, the stock’s Stochastic %D was 80.18%. Additionally, its Average True Range was 4.21.
During the past 100 days, PDD Holdings Inc ADR’s (PDD) raw stochastic average was set at 97.19%, which indicates a significant increase from 93.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.24% in the past 14 days, which was lower than the 47.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $103.89, while its 200-day Moving Average is $84.66. Now, the first resistance to watch is $120.81. This is followed by the second major resistance level at $122.84. The third major resistance level sits at $125.42. If the price goes on to break the first support level at $116.20, it is likely to go to the next support level at $113.62. Should the price break the second support level, the third support level stands at $111.59.
PDD Holdings Inc ADR (NASDAQ: PDD) Key Stats
Market capitalization of the company is 157.81 billion based on 1,319,587K outstanding shares. Right now, sales total 18,929 M and income totals 4,573 M. The company made 7,210 M in profit during its latest quarter, and 1,808 M in sales during its previous quarter.