Investors Are Waking Up To Fangdd Network Group Ltd (NASDAQ: DUO) After Rising 474.95% Over The Past 12 Months

Fangdd Network Group Ltd (NASDAQ:DUO) currently has a daily average trading volume of 11.23M but it saw 84170964 shares traded in last market. The company’s current market price of $4.38 came rising about 29.20 while comparing to the previous closing price of $3.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.99 and as low as $0.32. In the recent trading on the day, stock has struck highest price mark of $3.63 while lowest mark touched by it was $4.67.

Taking a look at 20-day trading activity of Fangdd Network Group Ltd (DUO) gives us an average price of $0.98, while its current price level is 9.77% below from 52-week high level whereas it is 1268.75% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.65 while that of 200 days or SMA-200 reads an average of $0.60. A closer look into the stock’s movement over the week reveals that its volatility is standing at 75.38% during that period while stretching the period over a month that decreases to 27.65%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 97.16 which implies that the stock is in overbought territory.

Over the week, DUO’s stock price is moving 776.00% up while it is 1052.63% when we observe its performance for the past one month. Year-to-date it is 550.82% up and over the past year, the stock is showing an upside performance of 474.95%.

Company’s return on investment (ROI) stands at -39.33% and return on equity (ROE) at -35.80%. Stock’s beta reads 1.64. Stock has a price to book (P/B) ratio of 5034.48. Its return on asset (ROA) is -10.21% on average.