DDC Enterprise Ltd (AMEX:DDC) does about 1.17M shares in volume on a normal day but saw 3167482 shares change hands in the recent trading day. The company now has a market cap of 6.22M USD. Its current market price is $0.20, marking an increase of 0.05% compared to the previous close of $0.20. The 52 week high reached by this stock is $4.46 whilst the lowest price level in 52 weeks is $0.12.
DDC Enterprise Ltd (DDC) has a 20-day trading average at $0.1633 and the current price is -95.52% off the 52-week high compared with 62.62% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.1863 and its 200-day simple moving average is $0.5655. If we look at the stock’s price movements over the week, volatility stands at 22.85%, which decreases to 15.29% 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 61.49 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 95.56% 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 22.47%, 7.33%, and -64.63% away from its SMA20, SMA50, and SMA200 respectively, with the DDC price moving below the 50-day SMA on current market day. DDC Enterprise Ltd (DDC) stock is up 30.72% over the week and 12.74% over the past month. Its price is 14.35% year-to-date and -95.38% over the past year.
To reach the target analysts have set, the stock logically needs to grow 95.56 percent from here.
The company has a return on investment of -59.10% and return on equity of 16.20%. The beta has a value of -0.83. Price to book ratio is 0.41 and price to sales ratio is 0.26.
