DDC Enterprise Ltd (AMEX:DDC) does about 655.54K shares in volume on a normal day but saw 10045677 shares change hands in the recent trading day. The company now has a market cap of 6.37M USD. Its current market price is $0.21, marking an increase of 1.18% compared to the previous close of $0.20. The 52 week high reached by this stock is $8.50 whilst the lowest price level in 52 weeks is $0.16.
DDC Enterprise Ltd (DDC) has a 20-day trading average at $0.2274 and the current price is -97.58% off the 52-week high compared with 27.70% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2726 and its 200-day simple moving average is $0.7897. If we look at the stock’s price movements over the week, volatility stands at 18.59%, which decreases to 14.15% 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 40.65 to suggest the stock is neutral.
The consensus objective for the share price is $4.50, suggesting that the stock has a potential upside of 95.33% 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 -9.59%, -24.59%, and -73.96% 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 up 5.17% over the week and -22.42% over the past month. Its price is -95.60% year-to-date.
To reach the target analysts have set, the stock logically needs to grow 95.33 percent from here.
The company has a return on investment of 6.20% and return on equity of 5.00%. The beta has a value of 0.93. Price to sales ratio is 0.22.
