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QQQ   200.86 (+0.14%)
S&P 500   2,789.82 (+1.45%)
DOW   23,719.37 (+1.22%)
QQQ   200.86 (+0.14%)
S&P 500   2,789.82 (+1.45%)
DOW   23,719.37 (+1.22%)
QQQ   200.86 (+0.14%)
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NASDAQ:PDDPinduoduo Stock Price, Forecast & News

$41.04
+1.33 (+3.35 %)
(As of 04/10/2020 09:36 AM ET)
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Today's Range
$40.18
Now: $41.04
$41.83
50-Day Range
$31.77
MA: $35.52
$40.63
52-Week Range
$18.46
Now: $41.04
$45.25
Volume6.90 million shs
Average Volume8.21 million shs
Market Capitalization$45.72 billion
P/E RatioN/A
Dividend YieldN/A
Beta0.91
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.68 out of 5 stars


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$4.33 billion
Cash Flow$1.97 per share
Book Value$3.18 per share

Profitability

Net Income$-1,000,830,000.00

Miscellaneous

Employees3,683
Outstanding Shares1,113,920,000
Market Cap$45.72 billion
Next Earnings Date5/18/2020 (Estimated)
OptionableOptionable

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Pinduoduo (NASDAQ:PDD) Frequently Asked Questions

How has Pinduoduo's stock been impacted by COVID-19 (Coronavirus)?

Pinduoduo's stock was trading at $35.06 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PDD stock has increased by 17.1% and is now trading at $41.04. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Pinduoduo?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pinduoduo in the last year. There are currently 2 sell ratings, 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Pinduoduo.

When is Pinduoduo's next earnings date?

Pinduoduo is scheduled to release its next quarterly earnings announcement on Monday, May 18th 2020. View our earnings forecast for Pinduoduo.

How were Pinduoduo's earnings last quarter?

Pinduoduo Inc (NASDAQ:PDD) announced its earnings results on Wednesday, March, 11th. The company reported ($0.20) EPS for the quarter, topping the Zacks' consensus estimate of ($0.26) by $0.06. The business had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.71 billion. Pinduoduo had a negative return on equity of 27.59% and a negative net margin of 23.14%. View Pinduoduo's earnings history.

What price target have analysts set for PDD?

14 brokerages have issued twelve-month price targets for Pinduoduo's stock. Their forecasts range from $20.48 to $62.00. On average, they anticipate Pinduoduo's stock price to reach $37.16 in the next twelve months. This suggests that the stock has a possible downside of 9.5%. View analysts' price targets for Pinduoduo.

Has Pinduoduo been receiving favorable news coverage?

News headlines about PDD stock have trended very negative on Friday, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Pinduoduo earned a news impact score of -3.3 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutPinduoduo.

Are investors shorting Pinduoduo?

Pinduoduo saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 36,565,800 shares, an increase of 14.7% from the February 27th total of 31,880,000 shares. Based on an average daily trading volume, of 9,217,900 shares, the days-to-cover ratio is presently 4.0 days. Approximately 5.8% of the company's shares 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), NVIDIA (NVDA), Netflix (NFLX), Verizon Communications (VZ), Micron Technology (MU), JD.Com (JD), Tesla (TSLA), AT&T (T), Advanced Micro Devices (AMD) and Paypal (PYPL).

Who are Pinduoduo's key executives?

Pinduoduo's management team includes the following 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 initial public offering 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.

What is Pinduoduo's stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is Pinduoduo's stock price today?

One share of PDD stock can currently be purchased for approximately $41.04.

How big of a company is Pinduoduo?

Pinduoduo has a market capitalization of $45.72 billion and generates $4.33 billion in revenue each year. The company earns $-1,000,830,000.00 in net income (profit) each year or ($0.88) on an earnings per share basis. Pinduoduo employs 3,683 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]

This page was last updated on 4/10/2020 by MarketBeat.com Staff

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