In the past week, PDD stock has gone down by -1.28%, with a monthly decline of -4.92% and a quarterly plunge of -3.57%. The volatility ratio for the week is 4.29%, and the volatility levels for the last 30 days are 4.60% for PDD Holdings Inc ADR The simple moving average for the last 20 days is -9.73% for PDD stock, with a simple moving average of -5.15% for the last 200 days.
Is It Worth Investing in PDD Holdings Inc ADR (NASDAQ: PDD) Right Now?
PDD Holdings Inc ADR (NASDAQ: PDD) has a price-to-earnings ratio that is above its average at 13.27x. The stock has a 36-month beta value of 0.69. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for PDD is 1.35B, and at present, short sellers hold a 2.45% of that float. On October 25, 2024, the average trading volume of PDD was 15.70M shares.
PDD) stock’s latest price update
PDD Holdings Inc ADR (NASDAQ: PDD)’s stock price has plunge by 1.36relation to previous closing price of 121.38. Nevertheless, the company has seen a -1.28% plunge in its stock price over the last five trading sessions. fool.com reported 2024-10-25 that Chinese stocks are dirt cheap, but are they a buy?
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 “Outperform.” The predicted price for PDD in the upcoming period, according to Macquarie is $224 based on the research report published on October 07, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see PDD reach a price target of $120, previously predicting the price at $194. The rating they have provided for PDD stocks is “Neutral” according to the report published on August 27th, 2024.
Jefferies gave a rating of “Buy” to PDD, setting the target price at $151 in the report published on August 26th of the current year.
PDD Trading at 2.25% 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 -25.30% of loss for the given period.
Volatility was left at 4.60%, however, over the last 30 days, the volatility rate increased by 4.29%, as shares sank -8.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -14.74% lower at present.
During the last 5 trading sessions, PDD fell by -0.75%, which changed the moving average for the period of 200-days by -17.09% in comparison to the 20-day moving average, which settled at $136.32. In addition, PDD Holdings Inc ADR saw -15.91% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PDD starting from Kam Anthony Ping Leung, who proposed sale 2,343 shares at the price of $113.80 back on Sep 25 ’24. After this action, Kam Anthony Ping Leung now owns shares of PDD Holdings Inc ADR, valued at $266,633 using the latest closing price.
Stock Fundamentals for PDD
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 0.62 for the gross margin
The net margin for PDD Holdings Inc ADR stands at 0.29. The total capital return value is set at 0.37. Equity return is now at value 49.78, with 28.11 for asset returns.
Based on PDD Holdings Inc ADR (PDD), the company’s capital structure generated 0.03 points at debt to capital in total, while cash flow to debt ratio is standing at 17.0. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is 4792.48.
Currently, EBITDA for the company is 73.78 billion with net debt to EBITDA at -0.44. When we switch over and look at the enterprise to sales, we see a ratio of 3.42. The receivables turnover for the company is 29.75for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.11.
Conclusion
To sum up, PDD Holdings Inc ADR (PDD) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
