Pinduoduo Inc Pdd Stock Price, News, Quote & History

There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus https://scioly.org/forums/memberlist.php?mode=viewprofile&u=81633 among Wall Street analysts is that investors should "buy" PDD shares.

• The consensus among Wall Street analysts is that investors should "buy" PDD shares.
• A break-up above any of these levels will issue buy signals.
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For US and Canadian Stocks, the Overview page includes key statistics on the stock’s fundamentals, with a link to see more. Provides a general description of the business conducted by this company. A thumbnail of a daily chart is provided, with a link to open and customize a full-sized chart. What you need to know… The S&P 500 Index DotBig ($SPX ) on Monday closed down -2.14%, the Dow Jones Industrials Index ($DOWI ) closed down -1.91%, and the Nasdaq 100 Index ($IUXX ) closed… What you need to know… The S&P 500 Index ($SPX ) on Tuesday closed down -0.22%, the Dow Jones Industrials Index ($DOWI ) closed down -0.47%, and the Nasdaq 100 Index ($IUXX ) closed…

Pinduoduo Shareholder

According to analysts’ consensus price target of $68.80, Pinduoduo has a forecasted upside of 36.2% from its current price of $50.53. Pinduoduo Inc – ADR has a Long-Term Technical rank of 81. This means that trading over the https://community.whattoexpect.com/forums/dads-corner/topic/looking-for-men-advice-108106473.html last 200 trading days has placed the company in the upper half of stocks with 19% of the market scoring higher. In the Internet Retail industry which is number 130 by this metric, PDD ranks better than 130% of stocks.

Pinduoduo Inc – ADR has fallen 11.86% over the past month, closing at $55.16 on July 26. During this period of time, the stock fell as low as $45.76 and as high as $56.80. PDD has an average analyst recommendation of Strong Buy. MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. According to the issued ratings https://dotbig.com/markets/stocks/PDD/ of 12 analysts in the last year, the consensus rating for Pinduoduo stock is Moderate Buy based on the current 5 hold ratings and 7 buy ratings for PDD. The average twelve-month price prediction for Pinduoduo is $68.80 with a high price target of $148.00 and a low price target of $45.00. 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year.

Pinduoduo Pdd

We also like Alibaba as a consumer sentiment recovery play and believe it is undervalued. The technique has proven to be very useful for finding positive surprises. A selloff in DiDi Global Inc.’s stock , after the China-based ride-hailing company disclosed into its June 2021 initial public offering, sent other U.S.-listed shares of China-based companies lower. The consensus price target hints at a 27.4% upside potential for Pinduoduo Inc.

Only 7 people have added Pinduoduo to their MarketBeat watchlist in the last pdd stock 30 days. This is a decrease of -30% compared to the previous 30 days.

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This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a lower news sentiment than the 0.32 average news sentiment score of Retail/Wholesale companies. Pinduoduo has received a 6.19% net impact score from Upright. Pinduoduo seems to create the most significant positive value in categories "Taxes", "Meaning & joy", and "Jobs". The positive contribution in the "Meaning & joy" impact category is mostly driven by its "E-commerce video software", "E-commerce search software", and "E-commerce platform software" products. A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. The Company’s platform provides value-for-money merchandise and interactive shopping options.

Pdd Analyst Ratings By Month

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. The P/E ratio of Pinduoduo is 34.37, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 37.28. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Right-click on the chart to open the Interactive Chart menu.

One share of DotBig can currently be purchased for approximately $47.93. The company is scheduled to release its next quarterly earnings announcement on Monday, August 29th 2022. Pinduoduo has only been the subject of 3 research reports in the past 90 days. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Sign Up NowGet this delivered to your inbox, and more info about our products and services. Pinduoduo plans to launch a new app and e-commerce business in the U.S. next month, according to several outlets.

Pinduoduo Dividend Calendar

An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. Plus, PDD info will be updated daily in your Zacks.com Portfolio Tracker – also free. Covid-19 restrictions have been lifted in Beijing and tariffs pdd stock forecast are loosening. Now, Chinese stocks like BABA, PDD and BIDU are rallying. Some Chinese stocks got a reprieve as the government unveiled new stimulus measures. The Chinese government made new moves to rein in technology companies. Sign in to your free account to enjoy all that MarketBeat has to offer.

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