Market Cap for Pinduoduo Inc.

Pinduoduo Inc. is a Chinese technology company, traded on the NASDAQ under the symbol PDD. as of 3rd February 2023, its market cap stands at 11.9 bln USD, a slight decrease from 12.6 bln USD on 2nd February and 13 bln USD on 1st February. On that date its share price was 94.46 USD with a daily low of 92.3, while it hit its yearly high of 106.38 in July 2020 and low of 23.21 in August 2020. The company has 1,264 million shares outstanding with an average trading volume of 948 million over the past week and an EPS of 2.95 for the last year with a PE ratio of 32.02x compared to 50 day simple moving average (SMA) of 91.65 and 200 day SMA of 65.50 respectively as on 3rd Feb 2023.. Overall, despite fluctuating market capitalization over recent days, Pinduoduo Inc.’s financial situation appears stable owing to its steady share price growth since last August and healthy EPS figures which support an increase in its P/E Ratio over the last year as well as more positive sentiments surrounding their share value due to their 50-day & 200-day SMA figures being close together indicating possible upward trend in share prices due to strong fundamentals in near future..