Jefferies Financial Group upgraded shares of DiDi Global (OTCMKTS:DIDIY – Free Report) to a strong-buy rating in a research report sent to investors on Monday,Zacks reports.
DiDi Global Stock Performance
OTCMKTS DIDIY opened at $3.59 on Monday. DiDi Global has a 12 month low of $3.30 and a 12 month high of $6.89. The stock has a market cap of $16.37 billion, a price-to-earnings ratio of -179.50 and a beta of 0.54. The company’s 50 day moving average is $3.63 and its two-hundred day moving average is $3.69.
About DiDi Global
DiDi Global Inc is a China-based mobility technology company that operates a digital platform connecting passengers with transportation providers. Its services include app-based ride-hailing, taxi booking, private-car and chauffeur services, carpooling, and designated-driver services. The company has also offered shared bicycles and electric bikes, as well as selected logistics and transportation-related services.
DiDi was founded in 2012 and became one of China’s largest ride-hailing platforms through rapid expansion and a combination with Uber’s China operations in 2016.
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