According to 44 analysts, the average rating for is "Buy." The 12-month stock price forecast is 79.66, which is an increase of 120.60% from the latest price. The Company’s platform provides value-for-money merchandise and interactive shopping options.
We reserve the right to block IP addresses that submit excessive requests. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. nasdaq pdd The P/E ratio of Pinduoduo is 43.66, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 18.30. Sign-up to receive the latest news and ratings for Pinduoduo and its competitors with MarketBeat’s FREE daily newsletter. Pinduoduo Inc. is incorporated in the state of Cayman Islands.
That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also https://dotbig.com/markets/stocks/PDD/ a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
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Below are the latest news stories about Pinduoduo Inc that investors may wish to consider to help them evaluate PDD as an investment opportunity. Quality is the dimension where PDD ranks best; there it ranks ahead of 97.56% of US stocks. We have 9 different ratings for every stock to help you appreciate its future potential. https://dotbig.com/ Pinduoduo is a mobile-only marketplace that connects millions of agricultural producers with consumers across China. Pinduoduo aims to bring more businesses and people into the digital economy so that local communities can benefit from the increased productivity and convenience through new market opportunities.
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- It had 8.6 million active merchants in 2020 and 867 million active buyers in the year ended September 2021.
- Yahoo Finance Live’s Julie Hyman joins the Live show to discuss the COVID-19 wave concerns in China that have prompted a sell-off in global markets.
- Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price.
- Pinduoduo’s stock was trading at $35.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization .
Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. There may be delays, omissions, or inaccuracies in the Information. The Zacks Industry Rank pinduoduo stock assigns a rating to each of the 265 X Industries based on their average Zacks Rank. As an investor, you want to buy stocks with the highest probability of success.
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Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Yahoo Finance Live’s Julie Hyman joins the Live show to discuss the COVID-19 wave concerns in China that have prompted a sell-off in global markets. One share of https://dotbig.com/markets/stocks/PDD/ can currently be purchased for approximately $34.58. Pinduoduo’s stock is owned by many different institutional and retail investors.
Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. DotBig The good business results and the removal of the danger of the ban on Chinese stocks report on Pinduoduo the interests of large investors. From the indicator Miracle Viewer it is possible to see as the institutional ones are about to pass long on the title and like the professional investor they are already. © 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.