DDC Enterprise Ltd. (AMEX:DDC) does about 373.85K shares in volume on a normal day but saw 9772663 shares change hands in the recent trading day. The company now has a market cap of 5.77M USD. Its current market price is $0.30, marking an increase of 2.71% compared to the previous close of $0.29. The 52 week high reached by this stock is $8.50 whilst the lowest price level in 52 weeks is $0.25.
DDC Enterprise Ltd. (DDC) has a 20-day trading average at $0.3049 and the current price is -96.44% off the 52-week high compared with 20.67% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3559 and its 200-day simple moving average is $1.1810. If we look at the stock’s price movements over the week, volatility stands at 10.38%, which increases to 12.85% 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 44.95 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 94.23% 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.
The current price level is -0.61%, -14.87%, and -74.34% away from its SMA20, SMA50, and SMA200 respectively, with the DDC price moving above the 50-day SMA on current market day. DDC Enterprise Ltd. (DDC) stock is down -5.22% over the week and 0.97% over the past month. Its price is -93.51% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 94.23 percent from here.
Outstanding shares total 19.05M with insiders holding 29.63% of the shares and institutional holders owning 7.36% of the company’s common stock. The company has a return on investment of 6.20% and return on equity of 5.00%. Price to sales ratio is 0.20.
