NASDAQ:PDD - Pinduoduo Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$17.59 +0.37 (+2.15 %)
(As of 11/13/2018 11:43 AM ET)
Previous Close$17.22
Today's Range$17.19 - $18.10
52-Week Range$17.00 - $30.48
Volume162,537 shs
Average Volume5.69 million shs
Market Capitalization$20.28 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Pinduoduo Inc. operates an e-commerce platform in the People's Republic of China. It also operates Pinduoduo, a mobile platform that offers a range of priced merchandise. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was founded in 2015 and is based in Shanghai, the People's Republic of China.

Receive PDD News and Ratings via Email

Sign-up to receive the latest news and ratings for PDD and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolNASDAQ:PDD
Previous Symbol
CUSIPN/A
Phone86-21-5266-1300

Debt

Debt-to-Equity RatioN/A
Current Ratio1.47
Quick Ratio1.47

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$278.04 million
Price / Sales70.08
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees1,159
Outstanding Shares1,107,790,000
Market Cap$20.28 billion
OptionableOptionable

Pinduoduo (NASDAQ:PDD) Frequently Asked Questions

What is Pinduoduo's stock symbol?

Pinduoduo trades on the NASDAQ under the ticker symbol "PDD."

How were Pinduoduo's earnings last quarter?

Pinduoduo Inc (NASDAQ:PDD) released its quarterly earnings data on Thursday, August, 30th. The company reported ($2.04) earnings per share for the quarter. The company had revenue of $409.40 million for the quarter. View Pinduoduo's Earnings History.

When is Pinduoduo's next earnings date?

Pinduoduo is scheduled to release their next quarterly earnings announcement on Tuesday, November 20th 2018. View Earnings Estimates for Pinduoduo.

What price target have analysts set for PDD?

1 Wall Street analysts have issued twelve-month price objectives for Pinduoduo's stock. Their forecasts range from $31.90 to $31.90. On average, they anticipate Pinduoduo's share price to reach $31.90 in the next year. This suggests a possible upside of 81.4% from the stock's current price. View Analyst Price Targets for Pinduoduo.

What is the consensus analysts' recommendation for Pinduoduo?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pinduoduo.

Has Pinduoduo been receiving favorable news coverage?

Media headlines about PDD stock have been trending somewhat positive on Tuesday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pinduoduo earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Are investors shorting Pinduoduo?

Pinduoduo saw a increase in short interest in the month of October. As of October 31st, there was short interest totalling 23,160,257 shares, an increase of 28.3% from the October 15th total of 18,050,118 shares. Based on an average trading volume of 5,654,013 shares, the days-to-cover ratio is presently 4.1 days. View Pinduoduo's Current Options Chain.

Who are some of Pinduoduo's key competitors?

Who are Pinduoduo's key executives?

Pinduoduo's management team includes the folowing people:
  • Mr. Huang Zheng, Chairman of Directors and Chief Exec. Officer
  • Mr. Christian Arnell, Investor Relations Officer
  • Mr. Tian Xu, Vice president of finance

When did Pinduoduo IPO?

(PDD) raised $1.5 billion in an initial public offering (IPO) on Thursday, July 26th 2018. The company issued 85,600,000 shares at $16.00-$19.00 per share. Credit Suisse, Goldman Sachs (Asia) and CICC acted as the underwriters for the IPO and China Renaissance was co-manager.

When does Pinduoduo's lock-up period expire?

Pinduoduo's lock-up period expires on Tuesday, January 22nd. Pinduoduo had issued 85,600,000 shares in its initial public offering on July 26th. The total size of the offering was $1,626,400,000 based on an initial share price of $19.00. After the end of Pinduoduo's lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Who are Pinduoduo's major shareholders?

Pinduoduo's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (0.52%), JPMorgan Chase & Co. (0.20%), Tiger Pacific Capital LP (0.03%), Wells Fargo & Company MN (0.03%), TB Alternative Assets Ltd. (0.03%) and Taikang Asset Management Hong Kong Co Ltd (0.03%).

Which major investors are buying Pinduoduo stock?

PDD stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, JPMorgan Chase & Co., Tiger Pacific Capital LP, Wells Fargo & Company MN, TB Alternative Assets Ltd., Taikang Asset Management Hong Kong Co Ltd, Ariose Capital Management Ltd and BlackRock Inc..

How do I buy shares of Pinduoduo?

Shares of PDD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Pinduoduo's stock price today?

One share of PDD stock can currently be purchased for approximately $17.59.

How big of a company is Pinduoduo?

Pinduoduo has a market capitalization of $20.28 billion and generates $278.04 million in revenue each year. Pinduoduo employs 1,159 workers across the globe.

What is Pinduoduo's official website?

The official website for Pinduoduo is http://www.pinduoduo.com.

How can I contact Pinduoduo?

Pinduoduo's mailing address is 28/F NO. 533 LOUSHANGUAN ROAD CHANGNING DISTRICT, SHANGHAI F4, 200051. The company can be reached via phone at 86-21-5266-1300 or via email at [email protected]


MarketBeat Community Rating for Pinduoduo (NASDAQ PDD)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  95 (Vote Outperform)
Underperform Votes:  138 (Vote Underperform)
Total Votes:  233
MarketBeat's community ratings are surveys of what our community members think about Pinduoduo and other stocks. Vote "Outperform" if you believe PDD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PDD will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/13/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel