On Friday, PDD Holdings Inc ADR (NASDAQ: PDD) was -2.27% drop from the session before settling in for the closing price of $98.80. A 52-week range for PDD has been $88.01 – $164.69.
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Annual sales at Consumer Cyclical sector company grew by 79.99% over the past five years. When this article was written, the company’s average yearly earnings per share was at 76.02%. With a float of $1.35 billion, this company’s outstanding shares have now reached $1.38 billion.
Let’s look at the performance matrix of the company that is accounted for 17403 employees. In terms of profitability, gross margin is 62.06%, operating margin of 28.28%, and the pretax margin is 34.16%.
PDD Holdings Inc ADR (PDD) Insider and Institutional Ownership
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 2.75%, while institutional ownership is 29.34%. The most recent insider transaction that took place on Sep 25 ’24, was worth 266,633.
PDD Holdings Inc ADR (PDD) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 76.02% 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 2.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.17, a number that is poised to hit 2.74 in the next quarter and is forecasted to reach 12.98 in one year’s time.
Technical Analysis of PDD Holdings Inc ADR (PDD)
PDD Holdings Inc ADR (NASDAQ: PDD) saw its 5-day average volume 11.87 million, a positive change from its year-to-date volume of 10.7 million. As of the previous 9 days, the stock’s Stochastic %D was 7.00%. Additionally, its Average True Range was 4.75.
During the past 100 days, PDD Holdings Inc ADR’s (PDD) raw stochastic average was set at 12.64%, which indicates a significant increase from 3.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.93% in the past 14 days, which was lower than the 75.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $123.27, while its 200-day Moving Average is $127.23. Nevertheless, the first resistance level for the watch stands at $98.07 in the near term. At $99.59, the stock is likely to face the second major resistance level. The third major resistance level sits at $100.69. If the price goes on to break the first support level at $95.45, it is likely to go to the next support level at $94.35. The third support level lies at $92.83 if the price breaches the second support level.
PDD Holdings Inc ADR (NASDAQ: PDD) Key Stats
There are 1,375,873K outstanding shares of the company, which has a market capitalization of 134.10 billion. As of now, sales total 34,879 M while income totals 8,455 M. Its latest quarter income was 14,158 M while its last quarter net income were 3,560 M.
