Shares of Pinduoduo have moved 7.2% today, and are now trading at a price of $72.98. Today's trading volume is 10,081,839 compared to the stock's average volume of 9,910,695.
PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. Based in Dublin, Ireland the company has 12,992 full time employees and a market cap of $96,960,495,616.
The company is now trading -32.08% away from its average analyst target price of $107.45 per share. The 37 analysts following the stock have set target prices ranging from $79.08 to $154.16, and on average give Pinduoduo a rating of buy.
Over the last year, PDD shares have gone up 15.0%, which represents a difference of 12.0% when compared to the S&P 500. The stock's 52 week high is $106.38 per share whereas its 52 week low is $38.8. Based on Pinduoduo's compounded average operating margin growth of 16.2% over the last 4 years, its core business remains strong and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 130,557,589 | 68,693,370 | 23.29 | 217.3 |
| 2021-12-31 | 93,949,939 | 55,335,084 | 7.34 | 146.54 |
| 2020-12-31 | 59,491,865 | 49,593,549 | -15.77 | 44.33 |
| 2019-12-31 | 30,141,886 | 32,341,319 | -28.33 | n/a |
