DDC Enterprise Ltd (AMEX:DDC) currently has a daily average trading volume of 512.90K but it saw 2217234 shares traded in last market. With a market cap of 18.70M USD, the company’s current market price of $0.24 came rising about 25.00 while comparing to the previous closing price of $0.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.53 and as low as $0.12.
Taking a look at 20-day trading activity of DDC Enterprise Ltd (DDC) gives us an average price of $0.1680, while its current price level is -90.61% below from 52-week high level whereas it is 93.11% 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 $0.1687 while that of 200 days or SMA-200 reads an average of $0.4074. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.51% during that period while stretching the period over a month that decreases to 11.23%. 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 72.08 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the The Benchmark Company which initiated the stock as “Buy” in its note to investors issued on January 25, 2024, recommending a price target of $8 for it.
Over the week, DDC’s stock price is moving 44.46% up while it is 22.17% when we observe its performance for the past one month. Year-to-date it is 35.79% up and over the past year, the stock is showing a downside performance of -87.82%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, DDC Enterprise Ltd’s total number of outstanding shares is 78.75M with 29.83% of that held by the insiders while 0.39% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -59.10% and return on equity (ROE) at 23.20%. Stock’s beta reads -0.63. Stock has a price to book (P/B) ratio of 0.48 while price to sale or P/S ratio amounts to 0.57. Its return on asset (ROA) is -42.50% on average.
