What should you know before buying stock in Fangdd Network Group Ltd (DUO)

Fangdd Network Group Ltd (NASDAQ: DUO) is -22.44% lower on its value in year-to-date trading and has touched a low of $0.32 and a high of $4.67 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DUO stock was last observed hovering at around $0.57 in the last trading session, with the day’s loss setting it -0.05%.

Currently trading at $0.52, the stock is -43.48% and -57.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.71 million and changing -8.53% at the moment leaves the stock -26.02% off its SMA200. DUO registered -40.68% loss for a year compared to 6-month loss of -53.39%. The firm has a 50-day simple moving average (SMA 50) of $1.22062 and a 200-day simple moving average (SMA200) of $0.705605.

The stock witnessed a -52.97% gain in the last 1 month and extending the period to 3 months gives it a 0.33%, and is -19.69% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.91% over the week and 12.93% over the month.

Profit margin for the company is -30.81%. Distance from 52-week low is 63.13% and -88.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-39.33%).