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

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

DiDi Global Price Performance

The stock has a market capitalization of $16.82 billion, a P/E ratio of -184.50 and a beta of 0.50. The stock’s fifty day moving average is $3.59 and its two-hundred day moving average is $3.82.

DiDi Global (OTCMKTS:DIDIY) last posted its quarterly earnings results 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 return on equity of 2.16% and a net margin of 0.31%.The company had revenue of $8.48 billion for the quarter, compared to analysts’ expectations of $8.56 billion. Analysts expect that DiDi Global Inc. will post -0.06 EPS for the current year.

DiDi Global Company Profile

DiDi Global Inc is a technology company that operates a digital mobility platform connecting passengers with transportation providers. Its core business is ride-hailing, including on-demand private-car, taxi, premium and carpooling services, supported through mobile applications and related dispatch, mapping and payment technologies.

The company also offers a range of adjacent mobility services, which have included chauffeur and designated-driver services, bike and electric-bike sharing, car rental and vehicle-related solutions.