PDD Holdings Inc ADR (NASDAQ:PDD) shares traded -13.64% lower at $102.98 on Wall Street last session.
PDD stock price is now -7.14% away from the 50-day moving average and -9.56% away from the 200-day moving average. The market capitalization of the company currently stands at $143.36B.
With the price target reduced from $137 to $130, Nomura Downgraded its rating from Buy to Neutral for PDD Holdings Inc ADR (NASDAQ: PDD). , while ‘Macquarie’ rates the stock as ‘Outperform’
In other news, Kam Anthony Ping Leung, Director bought 1,553 shares of the company’s stock on Mar 25 ’25. The stock was bought for $198,970 at an average price of $128.12. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 30 ’24, Officer Zhao Jiazhen bought 40,000 shares of the business’s stock. A total of $3,898,000 was incurred on buying the stock at an average price of $97.45. A total of 2.61% of the company’s stock is owned by insiders.
During the past 12 months, PDD Holdings Inc ADR has had a low of $87.11 and a high of $164.69. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 2.27, and a quick ratio of 2.21.
The net profit margin was 24.64% and return on equity was 36.31% for PDD. The company reported revenue of $14.42 billion for the quarter, compared to $12.75 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.05 percent. For the current quarter, analysts expect PDD to generate $102.9B in revenue.
