DiDi Global (OTCMKTS:DIDIY) Hits New 1-Year High – Here’s What Happened

DiDi Global Inc. (OTCMKTS:DIDIY)’s share price reached a new 52-week high on Thursday . The stock traded as high as $33.7214 and last traded at $33.7214, with a volume of 2254997 shares traded. The stock had previously closed at $3.84.

DiDi Global Stock Performance

The stock has a 50-day moving average of $3.59 and a two-hundred day moving average of $3.83. The company has a market cap of $17.00 billion, a P/E ratio of -46.62 and a beta of 0.50.

DiDi Global (OTCMKTS:DIDIY) last released its earnings results on Tuesday, June 2nd. The ride-hailing company reported ($0.01) EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.01. DiDi Global had a positive return on equity of 4.99% and a negative net margin of 1.11%.The firm had revenue of $8.48 billion for the quarter, compared to analysts’ expectations of $8.56 billion. Research analysts predict that DiDi Global Inc. will post -0.06 EPS for the current year.

About DiDi Global

DiDi Global Inc, formerly known as Didi Chuxing, is a mobility technology company that operates a digital platform connecting passengers with transportation providers. Its services include taxi hailing, app-based private-car and express rides, premium transportation, carpooling, designated driving, and other on-demand mobility options.

The company also provides bike-sharing and related mobility services in selected markets, along with technology solutions for drivers, vehicle owners, and transportation partners.