Pinduoduo Inc Pdd Stock Price, Quote & News

Krane Funds Advisors LLC now owns 5,901,628 shares of the company’s stock worth $535,101,000 after acquiring an additional 3,353,823 shares during the last quarter. Norges Bank purchased pinduoduo stock price today a new position in Pinduoduo in the 4th quarter valued at $266,519,000. Finally, Anatole Investment Management Ltd grew its position in Pinduoduo by 8.7% in the 4th quarter.

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Pinduoduo Nasdaq:pdd Earnings Frequently Asked Questions

With a rather unpleasant backdrop for Chinese stocks today, there could be more in the way of near-term headwinds on the horizon. The company’s year-over-year revenue growth of 97% is great. The fact that Pinduoduo has pdd stock price today doubled its revenue is perhaps less exciting than the fact that this is actually a decline from its previous results. Grabbing high-quality growth stocks at reasonable prices is becoming more and more difficult.

• Analysts have forecast the company to bring in revenue of $4.82 billion for the current quarter, with the likely lows of $4.45 billion and highs of $5.49 billion.
• When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others.
• Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
• Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from its use.
• Shares Short Prior Month – the number of shares in short positions in the last month.

Pinduoduo’s stock was trading at $35.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PDD shares have decreased by 3.5% and is now trading https://www.chase.com/ at $33.84. Indeed, investors concerned about the valuations in today’s market have reason for pause with this name. But, it’s made even more meaningful when looking at the longer-term 4 week percent change.

About Pinduoduo Inc

We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters. Pinduoduo saw a increase https://dotbig.com/markets/stocks/PDD/ in short interest in the month of May. As of May 10th, there was short interest totaling 0 shares, an increase of NaN from the April 25th total of 0 shares.

The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. Once again, cash flow is net income plus depreciation and other non-cash charges. A higher number means the company has more debt to equity, whereas DotBig a lower number means it has less debt to equity. A D/E ratio of 1 means its debt is equivalent to its common equity. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others.

Historical And Forecast Chart Of Pinduoduo Stock

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