Fangdd Network Group Ltd ADR (DUO) Shares Down Despite Recent Market Volatility

Fangdd Network Group Ltd ADR (NASDAQ: DUO)’s stock price has dropped by -3.25 in relation to previous closing price of 0.41. Nevertheless, the company has seen a loss of -12.01% in its stock price over the last five trading days. globenewswire.com reported 2024-09-04 that SHENZHEN, China, Sept. 04, 2024 (GLOBE NEWSWIRE) — Fangdd Network Group Ltd. (Nasdaq: DUO) (“FangDD” or the “Company”) today announced further updates on its substitution listing plan.

Is It Worth Investing in Fangdd Network Group Ltd ADR (NASDAQ: DUO) Right Now?

Moreover, the 36-month beta value for DUO is 1.28. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

On September 20, 2024, DUO’s average trading volume was 463.56K shares.

DUO’s Market Performance

DUO stock saw a decrease of -12.01% in the past week, with a monthly decline of -5.97% and a quarterly a decrease of -38.23%. The volatility ratio for the week is 10.15%, and the volatility levels for the last 30 days are 11.55% for Fangdd Network Group Ltd ADR (DUO). The simple moving average for the past 20 days is -7.95% for DUO’s stock, with a -28.50% simple moving average for the past 200 days.

DUO Trading at -9.66% from the 50-Day Moving Average

After a stumble in the market that brought DUO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -81.16% of loss for the given period.

Volatility was left at 11.55%, however, over the last 30 days, the volatility rate increased by 10.15%, as shares sank -18.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.37% lower at present.

During the last 5 trading sessions, DUO fell by -12.01%, which changed the moving average for the period of 200-days by -52.90% in comparison to the 20-day moving average, which settled at $0.4253. In addition, Fangdd Network Group Ltd ADR saw -41.22% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for DUO

Current profitability levels for the company are sitting at:

  • -0.93 for the present operating margin
  • 0.14 for the gross margin

The net margin for Fangdd Network Group Ltd ADR stands at -0.32. The total capital return value is set at -1.2. Equity return is now at value -35.80, with -10.21 for asset returns.

Currently, EBITDA for the company is -92.25 million with net debt to EBITDA at 0.46. When we switch over and look at the enterprise to sales, we see a ratio of -0.37. The receivables turnover for the company is 0.68for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.17.

Conclusion

To wrap up, the performance of Fangdd Network Group Ltd ADR (DUO) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Related Posts