PDD Holdings Inc ADR [NASDAQ: PDD] traded at a high on 11/20/23, posting a 3.15 gain after which it closed the day’ session at $118.78. The company report on August 29, 2023 at 6:30 AM that PDD Holdings Announces Second Quarter 2023 Unaudited Financial Results.
The results of the trading session contributed to over 10256941 shares changing hands. Over the past one week, the price volatility of PDD Holdings Inc ADR stands at 3.60% while the volatility over the past one month is 3.94%.
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The market cap for PDD stock reached $157.81 billion, with 1.32 billion shares outstanding and 1.26 billion shares in the current float. Compared to the average trading volume of 8.74M shares, PDD reached a trading volume of 10256941 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about PDD Holdings Inc ADR [PDD]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PDD shares is $124.80 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PDD stock is a recommendation set at 1.27. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for PDD Holdings Inc ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 01, 2023.
The Average True Range (ATR) for PDD Holdings Inc ADR is set at 4.21, with the Price to Sales ratio for PDD stock in the period of the last 12 months amounting to 6.65. The Price to Book ratio for the last quarter was 7.89, with the Price to Cash per share for the same quarter was set at 23.99.
How has PDD stock performed recently?
PDD Holdings Inc ADR [PDD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.74. With this latest performance, PDD shares gained by 15.57% in over the last four-week period, additionally plugging by 88.42% over the last 6 months – not to mention a rise of 68.36% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PDD stock in for the last two-week period is set at 71.88, with the RSI for the last a single of trading hit 77.33, and the three-weeks RSI is set at 68.44 for PDD Holdings Inc ADR [PDD]. The present Moving Average for the last 50 days of trading for this stock 103.89, while it was recorded at 114.48 for the last single week of trading, and 84.66 for the last 200 days.
PDD Holdings Inc ADR [PDD]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and PDD Holdings Inc ADR [PDD] shares currently have an operating margin of +23.29 and a Gross Margin at +75.90. PDD Holdings Inc ADR’s Net Margin is presently recorded at +24.16.
Return on Total Capital for PDD is now 27.23, given the latest momentum, and Return on Invested Capital for the company is 30.20. Return on Equity for this stock inclined to 32.61, with Return on Assets sitting at 14.98. When it comes to the capital structure of this company, PDD Holdings Inc ADR [PDD] has a Total Debt to Total Equity ratio set at 14.38. Additionally, PDD Total Debt to Total Capital is recorded at 12.57, with Total Debt to Total Assets ending up at 7.14. Long-Term Debt to Equity for the company is recorded at 2.08, with the Long-Term Debt to Total Capital now at 1.82.
Reflecting on the efficiency of the workforce at the company, PDD Holdings Inc ADR [PDD] managed to generate an average of $360,499 per employee. Receivables Turnover for the company is 19.46 with a Total Asset Turnover recorded at a value of 0.62.PDD Holdings Inc ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.91 and a Current Ratio set at 1.91.
Earnings analysis for PDD Holdings Inc ADR [PDD]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PDD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for PDD Holdings Inc ADR go to 21.36%.
Insider trade positions for PDD Holdings Inc ADR [PDD]
The top three institutional holders of PDD stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in PDD stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in PDD stock with ownership which is approximately 5.7994%.
