DDC Enterprise Ltd. (AMEX:DDC) does about 1.92M shares in volume on a normal day but saw 3662668 shares change hands in the recent trading day. The company now has a market cap of 11.79M USD. Its current market price is $0.62, marking an increase of 6.17% compared to the previous close of $0.58. The 52 week high reached by this stock is $8.50 whilst the lowest price level in 52 weeks is $0.50.
DDC Enterprise Ltd. (DDC) has a 20-day trading average at $0.6295 and the current price is -92.72% off the 52-week high compared with 23.68% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.7605. If we look at the stock’s price movements over the week, volatility stands at 12.69%, which decreases to 10.81% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 44.45 to suggest the stock is neutral.
The consensus objective for the share price is $5.20, suggesting that the stock has a potential upside of 88.08% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 25, 2024 when The Benchmark Company initiated the stock to “Buy” and issued a price target of $8.
DDC Enterprise Ltd. (DDC) stock is down -7.61% over the week and -27.19% over the past month. Its price is -86.75% year-to-date.
To reach the target analysts have set, the stock logically needs to grow 88.08 percent from here.
