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

DiDi Global Inc. (OTCMKTS:DIDIY) shares reached a new 52-week low on Thursday. The company traded as low as $3.03 and last traded at $3.0750, with a volume of 247,032 shares traded. The stock had previously closed at $3.12.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group initiated coverage on shares of DiDi Global in a research note on Monday, September 28th. They issued a “buy” rating and a $5.60 price objective for the company. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $5.60.

DiDi Global Stock Down 1.9%

The stock has a fifty day simple moving average of $3.63 and a 200 day simple moving average of $3.62. The firm has a market capitalization of $13.95 billion, a P/E ratio of -153.00 and a beta of 0.53.

DiDi Global Company Profile

DiDi Global Inc is a China-based mobility technology company that operates a platform connecting passengers with transportation and delivery services. Its core business includes app-based ride-hailing, taxi services, private-car services, chauffeur services and designated-driver offerings. The company also provides vehicle-related services, including car rental and leasing, as well as bike-sharing and other mobility solutions in selected markets.

DiDi serves consumers, drivers, vehicle owners and business customers through mobile applications and technology platforms designed to facilitate transportation bookings, payments and fleet management.