Pinduoduo Inc. (NASDAQ:PDD) went down by -9.11% from its latest closing price compared to the recent 1-year high of $212.60. The company’s stock price has collected -8.87% of loss in the last five trading sessions. Press Release reported on 04/30/21 that Pinduoduo deepens digital transformation for agriculture by connecting millions of farmers to consumers
Is It Worth Investing in Pinduoduo Inc. (NASDAQ :PDD) Right Now?
Opinions of the stock are interesting as 22 analysts out of 39 who provided ratings for Pinduoduo Inc. declared the stock was a “buy,” while 6 rated the stock as “overweight,” 8 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $1129.49, which is $54.23 above the current price. PDD currently public float of 851.33M and currently shorts hold a 2.87% ratio of that float. Today, the average trading volume of PDD was 7.24M shares.
PDD’s Market Performance
PDD stocks went down by -8.87% for the week, with a monthly drop of -11.64% and a quarterly performance of -35.41%, while its annual performance rate touched 122.71%. The volatility ratio for the week stands at 5.45% while the volatility levels for the past 30 days are set at 4.59% for Pinduoduo Inc.. The simple moving average for the period of the last 20 days is -9.48% for PDD stocks with a simple moving average of -5.27% for the last 200 days.
Analysts’ Opinion of PDD
Many brokerage firms have already submitted their reports for PDD stocks, with Macquarie repeating the rating for PDD by listing it as a “Neutral.” The predicted price for PDD in the upcoming period, according to Macquarie is $157 based on the research report published on March 18th of the current year 2021.
Bernstein gave a rating of “Outperform” to PDD, setting the target price at $210 in the report published on January 25th of the current year.
PDD Trading at -14.70% from the 50-Day Moving Average
After a stumble in the market that brought PDD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -42.80% of loss for the given period.
Volatility was left at 4.59%, however, over the last 30 days, the volatility rate increased by 5.45%, as shares sank -9.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.96% lower at present.
During the last 5 trading sessions, PDD fell by -8.87%, which changed the moving average for the period of 200-days by +53.83% in comparison to the 20-day moving average, which settled at $133.73. In addition, Pinduoduo Inc. saw -31.56% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PDD
Current profitability levels for the company are sitting at:
- -15.77 for the present operating margin
- +67.57 for the gross margin
The net margin for Pinduoduo Inc. stands at -12.07. The total capital return value is set at -16.69, while invested capital returns managed to touch -13.15. Equity return is now at value -20.50, with -6.80 for asset returns.
Based on Pinduoduo Inc. (PDD), the company’s capital structure generated 28.20 points at debt to equity in total, while total debt to capital is 21.99. Total debt to assets is 10.68, with long-term debt to equity ratio resting at 24.67. Finally, the long-term debt to capital ratio is 19.25.
When we switch over and look at the enterprise to sales, we see a ratio of 2.66, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 12.39 and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.78.