PDD Holdings Inc ADR (PDD) average volume reaches $13.54M: Is Wall Street expecting a rally?

A new trading day began on Friday, with PDD Holdings Inc ADR (NASDAQ: PDD) stock price down -2.28% from the previous day of trading, before settling in for the closing price of $104.66. PDD’s price has ranged from $88.01 to $164.69 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 79.99%. Meanwhile, its annual earnings per share averaged 75.96%. With a float of $1.35 billion, this company’s outstanding shares have now reached $1.39 billion.

Considering the fact that the conglomerate employs 17403 people, you should pay attention to its efficiency factor. 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 Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Internet Retail Industry. The insider ownership of PDD Holdings Inc ADR is 2.75%, while institutional ownership is 29.35%. The most recent insider transaction that took place on Dec 09 ’24, was worth 1,598. Before that another transaction happened on Sep 25 ’24, when Company’s Director proposed sale 2,343 for $113.80, making the entire transaction worth $266,633.

PDD Holdings Inc ADR (PDD) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 75.96% per share during the next fiscal year.

PDD Holdings Inc ADR (NASDAQ: PDD) Trading Performance Indicators

Here are PDD Holdings Inc ADR’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.75.

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 12.95 in one year’s time.

Technical Analysis of PDD Holdings Inc ADR (PDD)

Compared to the last year’s volume of 10.72 million, its volume of 13.02 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 40.41%. Additionally, its Average True Range was 4.60.

During the past 100 days, PDD Holdings Inc ADR’s (PDD) raw stochastic average was set at 21.08%, which indicates a significant decrease from 35.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.13% in the past 14 days, which was lower than the 77.49% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $118.06, while its 200-day Moving Average is $125.85. Nevertheless, the first resistance level for the watch stands at $103.34 in the near term. At $104.41, the stock is likely to face the second major resistance level. The third major resistance level sits at $105.96. If the price goes on to break the first support level at $100.71, it is likely to go to the next support level at $99.16. Should the price break the second support level, the third support level stands at $98.09.

PDD Holdings Inc ADR (NASDAQ: PDD) Key Stats

With a market capitalization of 142.03 billion, the company has a total of 1,375,873K Shares Outstanding. Currently, annual sales are 34,879 M while annual income is 8,455 M. The company’s previous quarter sales were 14,158 M while its latest quarter income was 3,560 M.