PDD Holdings Inc ADR (NASDAQ: PDD) on Monday, plunged -0.56% from the previous trading day, before settling in for the closing price of $117.81. Within the past 52 weeks, PDD’s price has moved between $88.01 and $164.69.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 79.99%. The company achieved an average annual earnings per share of 83.48%. With a float of $1.35 billion, this company’s outstanding shares have now reached $1.38 billion.
Let’s determine the extent of company efficiency that accounts for 17403 employees. 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 Activity
Observing investor behavior towards Internet Retail industry stocks is more important than anything else. The insider ownership of PDD Holdings Inc ADR is 2.91%, while institutional ownership is 29.46%. The most recent insider transaction that took place on Sep 25 ’24, was worth 266,633.
PDD Holdings Inc ADR (PDD) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.63 earnings per share (EPS) for the period topping the consensus outlook (set at 1.22) by 0.41. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 83.48% 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 2.11 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 3.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.27, a number that is poised to hit 2.74 in the next quarter and is forecasted to reach 14.08 in one year’s time.
Technical Analysis of PDD Holdings Inc ADR (PDD)
Looking closely at PDD Holdings Inc ADR (NASDAQ: PDD), its last 5-days average volume was 10.09 million, which is a drop from its year-to-date volume of 10.63 million. As of the previous 9 days, the stock’s Stochastic %D was 40.01%. Additionally, its Average True Range was 5.52.
During the past 100 days, PDD Holdings Inc ADR’s (PDD) raw stochastic average was set at 43.07%, which indicates a significant increase from 13.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.48% in the past 14 days, which was lower than the 73.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $120.05, while its 200-day Moving Average is $128.48. However, in the short run, PDD Holdings Inc ADR’s stock first resistance to watch stands at $118.45. Second resistance stands at $119.76. The third major resistance level sits at $121.37. If the price goes on to break the first support level at $115.53, it is likely to go to the next support level at $113.92. Should the price break the second support level, the third support level stands at $112.61.
PDD Holdings Inc ADR (NASDAQ: PDD) Key Stats
Market capitalization of the company is 162.69 billion based on 1,375,873K outstanding shares. Right now, sales total 34,879 M and income totals 8,455 M. The company made 13,356 M in profit during its latest quarter, and 4,405 M in sales during its previous quarter.
