Should You Hold Pinduoduo Inc

PDD stock

Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends https://dotbig.com/markets/stocks/PDD/ received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

PDD stock

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Heres Why Popular China Etfs Are On Track For Their Best One

For example, a price above its moving average is generally considered an upward trend or a buy. Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform https://dotbig.com/markets/stocks/PDD/ in the People’s Republic of China. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018.

  • There are currently 1 sell rating, 4 hold ratings and 6 buy ratings for the stock.
  • A hold rating indicates that analysts believe investors should maintain any existing positions they have in PDD, but not buy additional shares or sell existing shares.
  • Shares of Pinduoduo were up nearly 5% in premarket trading Monday after the company, which connects consumers and agricultural producers in China, reported a mixed fourth quarter.
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  • We have 9 different ratings for every stock to help you appreciate its future potential.
  • News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services.

A hold rating indicates that analysts believe investors should maintain any existing positions they have in PDD, but not buy additional shares or sell existing shares. View analyst ratings for Pinduoduo or view top-rated stocks. DotBig Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection of merchandise for buyer acquisition and engagement.

Chinese Ecommerce Platform Pinduoduo Posts Increase In Net Income

Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow. Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. pinduoduo stock price The good business results and the removal of the danger of the ban on Chinese stocks report on Pinduoduo the interests of large investors. From the indicator Miracle Viewer it is possible to see as the institutional ones are about to pass long on the title and like the professional investor they are already. © 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

PDD stock

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.

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Ltd., XR Securities LLC, and MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH. MarketBeat’s community pdd stock price today ratings are surveys of what our community members think about Pinduoduo and other stocks.

Why Alibaba, Nio And Pinduoduo Shares Are Falling Today

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