Fangdd Network Group Ltd (NASDAQ: DUO) is -62.26% lower on its value in year-to-date trading and has touched a low of $0.20 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 $0.23 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.23, the stock is -5.42% and -16.76% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing -1.87% at the moment leaves the stock -65.16% off its SMA200. DUO registered -86.57% loss for a year compared to 6-month loss of -65.28%. The firm has a 50-day simple moving average (SMA 50) of $0.27116 and a 200-day simple moving average (SMA200) of $0.647815.
The stock witnessed a -1.01% gain in the last 1 month and extending the period to 3 months gives it a -61.81%, and is -6.58% 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 6.18% over the week and 11.53% over the month.
Fangdd Network Group Ltd (DUO) has around 134 employees, a market worth around $8.07M and $47.14M in sales. Current P/E ratio is 4.30. Profit margin for the company is 9.09%. Distance from 52-week low is 12.62% and -95.17% from its 52-week high. The company has generated returns on investments over the last 12 months (8.09%).
6.0 institutions hold shares in Fangdd Network Group Ltd (DUO), with institutional investors hold 3.80% of the company’s shares. The shares outstanding are 35.77M, and float is at 35.66M with Short Float at 7.06%. Institutions hold 3.65% of the Float.
