The price-to-earnings ratio for PDD Holdings Inc ADR (NASDAQ: PDD) is above average at 29.17x, while the 36-month beta value is 0.64.Analysts have differing opinions on the stock, with 35 analysts rating it as a “buy,” 6 as “overweight,” 3 as “hold,” and 0 as “sell.”
The average price point forecasted by analysts for PDD Holdings Inc ADR (PDD) is $908.97, which is $6.02 above the current market price. The public float for PDD is 1.26B, and currently, short sellers hold a 2.37% ratio of that floaft. The average trading volume of PDD on November 21, 2023 was 8.74M shares.
PDD) stock’s latest price update
PDD Holdings Inc ADR (NASDAQ: PDD)’s stock price has increased by 3.15 compared to its previous closing price of 115.15. However, the company has seen a 8.74% increase in its stock price over the last five trading sessions. CNBC Television reported 2023-11-17 that CNBC’s Deirdre Bosa joins ‘The Exchange’ to discuss the latest developments in Temu’s growth.
PDD’s Market Performance
PDD Holdings Inc ADR (PDD) has seen a 8.74% rise in stock performance for the week, with a 15.57% gain in the past month and a 53.28% surge in the past quarter. The volatility ratio for the week is 3.60%, and the volatility levels for the past 30 days are at 3.94% for PDD. The simple moving average for the last 20 days is 10.05% for PDD stock, with a simple moving average of 40.50% for the last 200 days.
Analysts’ Opinion of PDD
Many brokerage firms have already submitted their reports for PDD stocks, with UBS repeating the rating for PDD by listing it as a “Buy.” The predicted price for PDD in the upcoming period, according to UBS is $137 based on the research report published on November 01, 2023 of the current year 2023.
PDD Trading at 14.80% 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 able to rebound, for now settling with 1.48% of gains for the given period.
Volatility was left at 3.94%, however, over the last 30 days, the volatility rate increased by 3.60%, as shares surge +14.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.95% upper at present.
During the last 5 trading sessions, PDD rose by +8.74%, which changed the moving average for the period of 200-days by +24.18% in comparison to the 20-day moving average, which settled at $108.66. In addition, PDD Holdings Inc ADR saw 45.65% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PDD
Current profitability levels for the company are sitting at:
- +23.29 for the present operating margin
- +75.90 for the gross margin
The net margin for PDD Holdings Inc ADR stands at +24.16. The total capital return value is set at 27.23, while invested capital returns managed to touch 30.20. Equity return is now at value 35.28, with 17.83 for asset returns.
Based on PDD Holdings Inc ADR (PDD), the company’s capital structure generated 14.38 points at debt to equity in total, while total debt to capital is 12.57. Total debt to assets is 7.14, with long-term debt to equity ratio resting at 2.08. Finally, the long-term debt to capital ratio is 1.82.
When we switch over and look at the enterprise to sales, we see a ratio of 5.29, with the company’s debt to enterprise value settled at 0.03. The receivables turnover for the company is 19.46 and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.85.
In a nutshell, PDD Holdings Inc ADR (PDD) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.