DiDi Global (OTCMKTS:DIDIY) Sets New 12-Month Low – Here’s What Happened

DiDi Global Inc. (OTCMKTS:DIDIY) hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $3.35 and last traded at $3.40, with a volume of 8797 shares trading hands. The stock had previously closed at $3.40.

DiDi Global Stock Performance

The firm’s 50-day moving average price is $3.62 and its 200 day moving average price is $4.29. The company has a market cap of $15.09 billion, a price-to-earnings ratio of -41.38 and a beta of 0.48.

DiDi Global (OTCMKTS:DIDIY) last announced its quarterly earnings data on Tuesday, June 2nd. The ride-hailing company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.01. DiDi Global had a negative net margin of 1.11% and a positive return on equity of 4.99%. The firm had revenue of $8.48 billion for the quarter, compared to analysts’ expectations of $8.56 billion. As a group, equities research analysts predict that DiDi Global Inc. will post -0.02 EPS for the current fiscal year.

About DiDi Global

DiDi Global Inc is a mobility technology company that provides ride-hailing and related transportation services through its digital platform. The company connects riders with drivers and also offers services such as taxi hailing, designated driving, and other mobility solutions, depending on the market.

Originally founded in China, DiDi has expanded its platform-based transportation offerings beyond core ride-hailing to include a broader range of urban mobility services. In addition to its consumer-facing services, the company also works with drivers and vehicle owners through its ecosystem, using technology to match supply and demand for transportation.

DiDi serves users in multiple markets, with a primary historical focus on China and a broader presence in selected international regions through localized operations.