These Stocks Could Surge Despite the Current Downturn
The market may be down... But when Apple makes this announcement as soon as September 10... These three stocks could start to take off.
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
| Name | Pinduoduo Inc |
| Ticker | PDD |
| Exchange | NASDAQ |
| Sector | Consumer Cyclical |
| Industry | Internet Retail |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 5,828 |
Highlights
| Analyst Target | 173.54 |
| Market Cap | 173,918,126,080 |
| PE Ratio | 9.69 |
| PEG Ratio | 18.31 |
Share Stats
| Shares Outstanding | 1,226,329,984 |
| Shares Float | 478,699,674 |
| Shares Short | 15,749,786 |
| Insider Holdings | 105% |
| Institution Holdings | 27.68% |
Highlights
| Analyst Target | 173.54 |
| Market Cap | 173,918,126,080 |
| PE Ratio | 9.69 |
| PEG Ratio | 18.31 |
Valuation
| Forward PE | 400 |
| Price/Sales (Trailing 12 Mt.) | 28.50 |
| Price/Book (Most Recent Quarter) | 45.63 |
Earnings
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