Look Past The Setbacks And Give Fangdd Network Group Ltd (NASDAQ: DUO) Another Chance

Fangdd Network Group Ltd (NASDAQ:DUO) currently has a daily average trading volume of 3.50M but it saw 1541283 shares traded in last market. With a market cap of 8.05M USD, the company’s current market price of $0.23 came falling about -2.47 while comparing to the previous closing price of $0.23. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.67 and as low as $0.20.

Taking a look at 20-day trading activity of Fangdd Network Group Ltd (DUO) gives us an average price of $0.2341, while its current price level is -95.18% below from 52-week high level whereas it is 12.33% 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 $0.3229 while that of 200 days or SMA-200 reads an average of $0.6580. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.92% during that period while stretching the period over a month that increases to 11.40%. 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 36.06 which implies that the stock is in neutral territory.

Over the week, DUO’s stock price is moving -6.48% down while it is -8.83% when we observe its performance for the past one month. Year-to-date it is -62.36% down and over the past year, the stock is showing a downside performance of -38.53%.

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

Currently, Fangdd Network Group Ltd’s total number of outstanding shares is 35.77M with 3.91% of that held by the insiders while 4.47% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 8.09% and return on equity (ROE) at 10.63%. It has a price to earnings ratio (P/E ratio) of 4.29. Stock’s beta reads 2.77. Stock has a price to book (P/B) ratio of 0.15 while price to sale or P/S ratio amounts to 0.17. Its return on asset (ROA) is 4.10% on average.