Pinduoduo Inc. found using ticker (PDD) have now 36 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 136.72 and 49.54 and has a mean target at 85.66. Now with the previous closing price of 60.66 this is indicating there is a potential upside of 41.2%. There is a 50 day moving average of 57.61 and the 200 moving average now moves to 52.51. The market cap for the company is $77,115m. Company Website: https://www.pinduoduo.com
The potential market cap would be $108,897m based on the market concensus.
Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People’s Republic of China. It operates Pinduoduo, a mobile platform that offers a range of products, including apparel, shoes, bags, mother and childcare products, food and beverages, fresh produce, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness items, and auto accessories. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was incorporated in 2015 and is headquartered in Shanghai, the People’s Republic of China.
