On Friday, PDD Holdings Inc ADR (NASDAQ: PDD) was 0.90% up from the session before settling in for the closing price of $121.38. A 52-week range for PDD has been $88.01 – $164.69.
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A company in the Consumer Cyclical sector has jumped its sales by 79.99% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 83.36%. With a float of $1.35 billion, this company’s outstanding shares have now reached $1.38 billion.
In an organization with 17403 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 62.44%, operating margin of 28.57%, and the pretax margin is 34.27%.
PDD Holdings Inc ADR (PDD) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward PDD Holdings Inc ADR stocks. The insider ownership of PDD Holdings Inc ADR is 2.94%, while institutional ownership is 29.76%. The most recent insider transaction that took place on Sep 25 ’24, was worth 266,633.
PDD Holdings Inc ADR (PDD) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 1.63 earnings per share (EPS) during the time that was better than consensus figure (set at 1.22) by 0.41. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.11 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 83.36% per share during the next fiscal year.
PDD Holdings Inc ADR (NASDAQ: PDD) Trading Performance Indicators
You can see what PDD Holdings Inc ADR (PDD) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.27, a number that is poised to hit 2.73 in the next quarter and is forecasted to reach 14.28 in one year’s time.
Technical Analysis of PDD Holdings Inc ADR (PDD)
Let’s dig in a bit further. During the last 5-days, its volume was 9.09 million. That was inferior than the volume of 10.77 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 5.65%. Additionally, its Average True Range was 6.26.
During the past 100 days, PDD Holdings Inc ADR’s (PDD) raw stochastic average was set at 50.93%, which indicates a significant increase from 6.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.01% in the past 14 days, which was lower than the 72.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $120.31, while its 200-day Moving Average is $129.71. However, in the short run, PDD Holdings Inc ADR’s stock first resistance to watch stands at $123.98. Second resistance stands at $125.48. The third major resistance level sits at $126.92. If the price goes on to break the first support level at $121.04, it is likely to go to the next support level at $119.60. Assuming the price breaks the second support level, the third support level stands at $118.10.
PDD Holdings Inc ADR (NASDAQ: PDD) Key Stats
There are 1,375,873K outstanding shares of the company, which has a market capitalization of 170.08 billion. As of now, sales total 34,879 M while income totals 8,455 M. Its latest quarter income was 13,356 M while its last quarter net income were 4,405 M.
