NASDAQ:PDD - Pinduoduo Stock Price, News & Analysis

$26.00
+0.43 (+1.68 %)
(As of 08/20/2019 03:20 PM ET)
Today's Range
$25.25
Now: $26.00
$26.17
50-Day Range
$19.14
MA: $21.52
$25.49
52-Week Range
$16.53
Now: $26.00
$31.99
Volume505,191 shs
Average Volume5.51 million shs
Market Capitalization$28.80 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.

Industry, Sector and Symbol

Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolNASDAQ:PDD
CUSIPN/A
CIKN/A
Phone86-21-5266-1300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.91 billion
Book Value$2.47 per share

Profitability

Net Income$-1,486,020,000.00

Miscellaneous

Employees1,159
Outstanding Shares1,107,790,000
Market Cap$28.80 billion
Next Earnings Date8/21/2019 (Confirmed)
OptionableOptionable

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Pinduoduo (NASDAQ:PDD) Frequently Asked Questions

What is Pinduoduo's stock symbol?

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

When is Pinduoduo's next earnings date?

Pinduoduo is scheduled to release their next quarterly earnings announcement on Wednesday, August 21st 2019. View Earnings Estimates for Pinduoduo.

How can I listen to Pinduoduo's earnings call?

Pinduoduo will be holding an earnings conference call on Wednesday, August 21st at 7:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8456750437.

What price target have analysts set for PDD?

14 equities research analysts have issued 1 year price targets for Pinduoduo's shares. Their predictions range from $20.48 to $37.00. On average, they anticipate Pinduoduo's stock price to reach $28.5020 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price. View Analyst Price Targets for Pinduoduo.

What is the consensus analysts' recommendation for Pinduoduo?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 2 sell ratings, 2 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pinduoduo.

Has Pinduoduo been receiving favorable news coverage?

Headlines about PDD stock have trended positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Pinduoduo earned a coverage optimism score of 2.5 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the immediate future. View News Stories for Pinduoduo.

Are investors shorting Pinduoduo?

Pinduoduo saw a increase in short interest in July. As of July 31st, there was short interest totalling 40,951,800 shares, an increase of 10.8% from the June 30th total of 36,945,000 shares. Based on an average daily volume of 6,130,000 shares, the short-interest ratio is presently 6.7 days. Approximately 6.5% of the company's stock are sold short. View Pinduoduo's Current Options Chain.

Who are some of Pinduoduo's key competitors?

What other stocks do shareholders of Pinduoduo own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pinduoduo investors own include Alibaba Group (BABA), JD.Com (JD), IQIYI (IQ), NVIDIA (NVDA), Micron Technology (MU), HUYA (HUYA), Advanced Micro Devices (AMD), Momo (MOMO), Netflix (NFLX) and Weibo (WB).

Who are Pinduoduo's key executives?

Pinduoduo's management team includes the folowing people:
  • Mr. Huang Zheng, Chairman & CEO (Age 39)
  • Mr. Tian Xu, VP of Fin. (Age 40)
  • Mr. Junyun Xiao, Sr. VP of Operation (Age 39)
  • Mr. Lei Chen, Chief Technology Officer (Age 39)
  • Mr. Christian Arnell, Investor Relations Officer

When did Pinduoduo IPO?

(PDD) raised $1.5 billion in an IPO on Thursday, July 26th 2018. The company issued 85,600,000 shares at a price of $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.

Who are Pinduoduo's major shareholders?

Pinduoduo's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (0.80%), Morgan Stanley (0.80%), Hillhouse Capital Advisors LTD. (0.65%), Sumitomo Mitsui Trust Holdings Inc. (0.40%), Vanguard Group Inc. (0.37%) and Sylebra Capital Ltd (0.32%).

Which major investors are selling Pinduoduo stock?

PDD stock was sold by a variety of institutional investors in the last quarter, including Taikang Asset Management Hong Kong Co Ltd, TB Alternative Assets Ltd., Prudential Financial Inc., Segantii Capital Management Ltd, Allianz Asset Management GmbH, Pictet Asset Management Ltd., Pictet Asset Management Ltd. and Krane Funds Advisors LLC.

Which major investors are buying Pinduoduo stock?

PDD stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, Hillhouse Capital Advisors LTD., Renaissance Technologies LLC, Nikko Asset Management Americas Inc., Sumitomo Mitsui Trust Holdings Inc., Sylebra Capital Ltd, KEYWISE CAPITAL MANAGEMENT Ltd and WT Asset Management Ltd.

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 $25.9950.

How big of a company is Pinduoduo?

Pinduoduo has a market capitalization of $28.80 billion and generates $1.91 billion in revenue each year. The company earns $-1,486,020,000.00 in net income (profit) each year or ($2.00) on an earnings per share basis. Pinduoduo employs 1,159 workers across the globe.View Additional Information About Pinduoduo.

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:  2.1 out of 5 (star star)
Outperform Votes:  270 (Vote Outperform)
Underperform Votes:  375 (Vote Underperform)
Total Votes:  645
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 8/20/2019 by MarketBeat.com Staff

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