The Last Time Gold Flashed This Warning Sign, the Market Dropped 80%

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

PDD
Pinduoduo Inc
NASDAQ
96.15
Open 153.48 Prev Close 154.27
High 155.67 Low 150.70
Volume 18,740,429 Volume (Avg) 13,265,872
52 Week High 212.60 52 Week Low 32.66
Market Cap 173.9B PE Ratio 9.69

About Pinduoduo Inc

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 beverage, 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 founded in 2015 and is headquartered in Shanghai, the People's Republic of China.

General

NamePinduoduo Inc
TickerPDD
ExchangeNASDAQ
SectorConsumer Cyclical
IndustryInternet Retail
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees5,828

Highlights

Analyst Target173.54
Market Cap173,918,126,080
PE Ratio9.69
PEG Ratio18.31

Share Stats

Shares Outstanding1,226,329,984
Shares Float478,699,674
Shares Short15,749,786
Insider Holdings105%
Institution Holdings27.68%

Highlights

Analyst Target173.54
Market Cap173,918,126,080
PE Ratio9.69
PEG Ratio18.31

Valuation

Forward PE400
Price/Sales (Trailing 12 Mt.)28.50
Price/Book (Most Recent Quarter)45.63

Earnings

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