DiDi Global (OTCMKTS:DIDIY) Reaches New 12-Month High – Should You Buy?

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

DiDi Global Trading Down 2.9%

The company has a market capitalization of $17.00 billion, a PE ratio of -46.62 and a beta of 0.50. The business’s fifty day moving average is $3.59 and its two-hundred day moving average is $3.83.

DiDi Global (OTCMKTS:DIDIY) last released its quarterly earnings data on Tuesday, June 2nd. The ride-hailing company reported ($0.01) earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $8.48 billion for the quarter, compared to analysts’ expectations of $8.56 billion. As a group, equities research analysts anticipate that DiDi Global Inc. will post -0.06 EPS for the current year.

DiDi Global Company Profile

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.