A share price of PDD Holdings Inc ADR [PDD] is currently trading at $135.38, up 4.62%. An important factor to consider is whether the stock is rising or falling in short-term value. The PDD shares have gain 35.52% over the last week, with a monthly amount glided 51.82%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
PDD Holdings Inc ADR [NASDAQ: PDD] stock has seen the most recent analyst activity on August 27, 2024, when Citigroup downgraded its rating to a Neutral and also revised its price target to $120 from $194. Previously, Jefferies reaffirmed its Buy rating on August 26, 2024, and dropped its price target to $151. On August 26, 2024, downgrade downgraded it’s rating to Neutral. Goldman upgraded its rating to a Buy and increased its price target to $184 on May 24, 2024. Jefferies upgraded its rating to a Buy and raised its price target to $157 on March 11, 2024. Goldman downgraded its rating to Neutral for this stock on March 11, 2024, but kept the price target unchanged to $136.
PDD Holdings Inc ADR experienced fluctuations in its stock price throughout the past year between $88.01 and $164.69. Currently, Wall Street analysts expect the stock to reach $154.61 within the next 12 months. PDD Holdings Inc ADR [NASDAQ: PDD] shares were valued at $135.38 at the most recent close of the market. An investor can expect a potential return of 14.2% based on the average PDD price forecast.
Analyzing the PDD fundamentals
Trailing Twelve Months sales for PDD Holdings Inc ADR [NASDAQ:PDD] were 47.27B which represents 79.95% growth. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.23, Equity is 0.48 and Total Capital is 0.37. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 132.03 points at the first support level, and at 128.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 138.85, and for the 2nd resistance point, it is at 142.31.
Ratios To Look Out For
To put it in perspective, the Current Ratio for PDD Holdings Inc ADR [NASDAQ:PDD] is 2.11. On the other hand, the Quick Ratio is 2.11, and the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 3.98, the price to book ratio is 5.38 and price to earnings (TTM) ratio is 14.60.
Transactions by insiders
Recent insider trading involved Kam Anthony Ping Leung, Director, that happened on Sep 25 ’24 when 2343.0 shares were purchased.
