Fangdd Network Group Ltd (NASDAQ: DUO) is -59.87% lower on its value in year-to-date trading and has touched a low of $0.22 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 $0.22 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $0.24, the stock is -24.16% and -47.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.83 million and changing 8.01% at the moment leaves the stock -65.09% off its SMA200. DUO registered -50.54% loss for a year compared to 6-month loss of -88.94%. The firm has a 50-day simple moving average (SMA 50) of $0.45888 and a 200-day simple moving average (SMA200) of $0.68753.
The stock witnessed a -43.61% gain in the last 1 month and extending the period to 3 months gives it a -61.86%, and is -14.32% 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 16.59% over the week and 11.41% over the month.
Profit margin for the company is -30.81%. Distance from 52-week low is 8.11% and -94.86% from its 52-week high. The company has generated returns on investments over the last 12 months (-39.33%).
11.0 institutions hold shares in Fangdd Network Group Ltd (DUO), with institutional investors hold 5.41% of the company’s shares. The shares float is at 35.66M with Short Float at 2.73%. Institutions hold 5.16% of the Float.
