Fangdd Network Group Ltd (DUO) Down -87.19% From Its 52-Week High, But Growth Potential Is Changing Over Time

Fangdd Network Group Ltd (NASDAQ:DUO) currently has a daily average trading volume of 14.64M but it saw 1982654 shares traded in last market. The company’s current market price of $0.60 came falling about -3.58 while comparing to the previous closing price of $0.62. 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 $0.581 while lowest mark touched by it was $0.6395.

Taking a look at 20-day trading activity of Fangdd Network Group Ltd (DUO) gives us an average price of $0.6809, while its current price level is -87.19% below from 52-week high level whereas it is 86.91% 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 $0.8134 while that of 200 days or SMA-200 reads an average of $0.7112. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.33% during that period while stretching the period over a month that increases to 16.82%. 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 42.97 which implies that the stock is in neutral territory.

Over the week, DUO’s stock price is moving -0.65% down while it is 3.33% when we observe its performance for the past one month. Year-to-date it is -11.13% down and over the past year, the stock is showing a downside performance of -11.13%.

Company’s return on investment (ROI) stands at -39.33% and return on equity (ROE) at -35.80%. Stock’s beta reads 1.54. Stock has a price to book (P/B) ratio of 687.47. Its return on asset (ROA) is -10.21% on average.