PDD has a C grade for Momentum. The stock’s sluggish momentum over the past months justifies this grade. The stock has a D grade for Value, which is consistent with its stretched valuation. Among 50 stocks in the F-rated China industry, PDD is ranked #15.
Similarly Is PDD undervalued? Pinduoduo stock is significantly undervalued compared to its peers as our model indicates an intrinsic value of $199.
Is PDD a buy Zacks? See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
Additionally, Will Pinduoduo stock go up?
Stock Price Forecast
The 37 analysts offering 12-month price forecasts for Pinduoduo Inc have a median target of 66.96, with a high estimate of 152.55 and a low estimate of 26.92. The median estimate represents a +67.35% increase from the last price of 40.01.
Is Pinduoduo making money?
Pinduoduo Funding, Revenue & Valuation
When Pinduoduo went public in July 2018, it was able to raise an additional $1.6 billion. Its business was valued at $24 billion. That valuation has now risen to $115 billion. For the fiscal year 2020, Pinduoduo recorded revenues of $9.1 billion, up 97 percent from the year prior.
How does Pinduoduo make money? Pinduoduo makes money from online marketing services, transaction services, as well as merchandise sales. The company operates on a marketplace business model. That means it matches buyers with suppliers, which are the merchants on its platform. It then gets compensated for facilitating those transactions.
What PDD means? Definition. The diagnostic category of pervasive developmental disorders (PDD) refers to a group of disorders characterized by delays in the development of socialization and communication skills.
Is riot stock a buy? Riot Blockchain’s analyst rating consensus is a ‘Strong Buy. This is based on the ratings of 5 Wall Streets Analysts.
What is Ping Duo Duo?
pinduoduo-global.com. Pinduoduo Inc. (Chinese: 拼多多; Pinyin: Pīn duōduō) is the largest agriculture-focused technology platform in China. It has created a platform that connects farmers and distributors with consumers directly through its interactive shopping experience.
When did PDD go public? China’s social and e-commerce company Pinduoduo (NASDAQ:PDD) launched its initial public offering (IPO) on Nasdaq on July 26.
What is PDD in China?
On July 26, 2018, Pinduoduo (PDD), China’s social e-commerce company, launched its initial public offering on the Nasdaq market. Known for rock-bottom priced products selling on its online platform, PDD had been the target of much criticism and even ridicule relating to the quality of its products.
Who owns Pinduoduo? In 2019, nearly 12 million farmers supplied their fruits and vegetables to Pinduoduo users.
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Pinduoduo.
| Type | Public |
|---|---|
| Headquarters | Shanghai , China |
| Key people | Lei Chen (Chairman and CEO) |
| Products | E-commerce, Agriculture |
| Revenue | US$14.742 Billion (Fiscal Year Ended December 31, 2021) |
Does PDD-NOS go away?
For instance, a person may have significant autism symptoms in one core area such as social deficits, but mild or no symptoms in another core area such as restricted, repetitive behaviors. As a diagnosis, PDD-NOS remains relatively new, dating back only 15 years or so.
How do you deal with PDD?
The most effective treatment for PDD combines medications and talk therapy, or counseling. Antidepressants are prescription drugs that can relieve depression. There are many different kinds of medications for the treatment of depression.
What are PDD symptoms? Signs and Symptoms of PDD-NOS
- Atypical or inappropriate social behavior.
- Uneven skill development (motor, sensory, visual-spatial organizational, cognitive, social, academic, behavioral)
- Poorly developed speech and language comprehension skills.
- Difficulty with transitions.
- Deficits in nonverbal and/or verbal communication.
Is RIOT a crypto? Riot Blockchain, Inc. is a Bitcoin mining company, supporting the Bitcoin blockchain through rapidly expanding large-scale mining in the United States.
Why is RIOT dropping?
Riot Blockchain Drops After Missing Q3 Revenue, Earnings Estimates.
Is RIOT overvalued? Comps showed that Riot is overvalued where Riot is priced 300% higher than BITF despite having similar current mining capacity and expected 2022 build-up capacity. Our model puts a number to that overvaluation: 70% overvalued and 30% overvalued given a $50,000 and $66,000 Bitcoin, respectively.
What does PDD company do?
U.S.-listed Pinduoduo (PDD) is now the third-largest e-commerce player behind Alibaba and JD.com in China. A large part of PDD’s appeal is the group buying function where the more people who buy a product leads to a lower price.
Who invested in Pinduoduo? Top 10 Owners of Pinduoduo Inc
| Stockholder | Stake | Shares bought / sold |
|---|---|---|
| BlackRock Fund Advisors | 1.02% | +18,147 |
| The Vanguard Group, Inc. | 0.87% | +192,534 |
| Fidelity Management & Research Co… | 0.86% | +813,537 |
| SSgA Funds Management, Inc. | 0.74% | -24,628 |