(VIANEWS) - Shares of Pinduoduo (NASDAQ: PDD) rose by a staggering 20.48% in 10 sessions from $65.32 at 2023-05-31, to $78.70 at 15:55 EST on Wednesday, following the last session's upward trend. NASDAQ is rising 0.46% to $13,635.78, after four consecutive sessions in a row of gains.
Pinduoduo's last close was $77.46, 27.19% under its 52-week high of $106.38.
About Pinduoduo
PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace. It focuses on bringing businesses and people into the digital economy. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.
Earnings Per Share
As for profitability, Pinduoduo has a trailing twelve months EPS of $3.66.
PE Ratio
Pinduoduo has a trailing twelve months price to earnings ratio of 21.5. Meaning, the purchaser of the share is investing $21.5 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 36.46%.Growth Estimates Quarters
The company's growth estimates for the current quarter and the next is a negative 1% and a negative 11%, respectively.Volatility
Pinduoduo's last week, last month's, and last quarter's current intraday variation average was 1.68%, 1.04%, and 2.79%.
Pinduoduo's highest amplitude of average volatility was 1.68% (last week), 3.56% (last month), and 2.79% (last quarter).
Volume
Today's last reported volume for Pinduoduo is 8361574 which is 18.94% below its average volume of 10093800.
More news about Pinduoduo (PDD).