DiDi Global (NYSE:DIDI) Shares Down 4.3%

DiDi Global Inc. (NYSE:DIDI)’s share price was down 4.3% during mid-day trading on Friday . The company traded as low as 4.42 and last traded at 4.47. Approximately 111,912 shares traded hands during trading, a decline of 99% from the average daily volume of 20,719,041 shares. The stock had previously closed at 4.67.

The firm’s 50-day moving average price is 6.72 and its two-hundred day moving average price is 8.31. The company has a current ratio of 2.90, a quick ratio of 2.90 and a debt-to-equity ratio of 0.02.

DiDi Global (NYSE:DIDI) last announced its quarterly earnings results on Tuesday, December 28th. The ride-hailing company reported -6.48 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of -0.17 by -6.31.

Institutional investors have recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. acquired a new stake in DiDi Global in the 2nd quarter worth about $28,000. Citigroup Inc. purchased a new stake in DiDi Global during the 2nd quarter worth approximately $35,000. Advisor Group Holdings Inc. bought a new stake in shares of DiDi Global in the 2nd quarter valued at approximately $45,000. American International Group Inc. bought a new position in DiDi Global during the 3rd quarter worth $30,000. Finally, PNC Financial Services Group Inc. grew its stake in DiDi Global by 233.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,665 shares of the ride-hailing company’s stock worth $44,000 after buying an additional 3,965 shares during the last quarter. Hedge funds and other institutional investors own 7.54% of the company’s stock.

DiDi Global Company Profile (NYSE:DIDI)

DiDi Global Inc, a mobility technology platform, provides ride hailing and other services in the People's Republic of China, Brazil, Mexico, and internationally. It offers ride hailing, taxi hailing, chauffeur, hitch, and other forms of shared mobility services, as well as enterprise business ride solutions; auto solutions comprising leasing, refueling, and maintenance and repair services; electric vehicle leasing services; bike and e-bike sharing, intra-city freight, food delivery, and financial services.

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