Fangdd Network Group Ltd (NASDAQ: DUO) Emerges As Guiding Light For Investors

Fangdd Network Group Ltd (NASDAQ:DUO) currently has a daily average trading volume of 17.31M but it saw 1195529 shares traded in last market. The company’s current market price of $0.57 came falling about -6.43 while comparing to the previous closing price of $0.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.67 and as low as $0.32. In the recent trading on the day, stock has struck highest price mark of $0.568 while lowest mark touched by it was $0.6.

Taking a look at 20-day trading activity of Fangdd Network Group Ltd (DUO) gives us an average price of $0.9515, while its current price level is -87.78% below from 52-week high level whereas it is 78.34% 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 $1.2194 while that of 200 days or SMA-200 reads an average of $0.7059. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.90% during that period while stretching the period over a month that increases to 12.59%. 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 36.46 which implies that the stock is in neutral territory.

Over the week, DUO’s stock price is moving -18.59% down while it is -50.37% when we observe its performance for the past one month. Year-to-date it is -15.20% down and over the past year, the stock is showing a downside performance of -37.97%.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Fangdd Network Group Ltd’s 15.14% of that held by the insiders while 1.35% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -39.33% and return on equity (ROE) at -35.80%. Stock’s beta reads 1.66. Stock has a price to book (P/B) ratio of 655.98. Its return on asset (ROA) is -10.21% on average.