Fangdd Network Group Ltd (NASDAQ: DUO)’s stock price has gone rise by 5.17 in comparison to its previous close of 1.16, however, the company has experienced a 15.09% increase in its stock price over the last five trading days. globenewswire.com reported 2024-10-11 that SHENZHEN, China, Oct. 11, 2024 (GLOBE NEWSWIRE) — Fangdd Network Group Ltd. (“FangDD” or the “Company”) (Nasdaq: DUO) today announced that the Company received a notification letter (the “Compliance Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”), dated October 10, 2024, indicating that the Company regained compliance with the minimum bid price requirement set forth under the Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).
Is It Worth Investing in Fangdd Network Group Ltd (NASDAQ: DUO) Right Now?
DUO has 36-month beta value of 1.63. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for DUO is 12.74M, and currently, short sellers hold a 7.79% ratio of that float. The average trading volume of DUO on October 22, 2024 was 15.60M shares.
DUO’s Market Performance
The stock of Fangdd Network Group Ltd (DUO) has seen a 15.09% increase in the past week, with a 210.59% rise in the past month, and a 180.52% gain in the past quarter. The volatility ratio for the week is 19.39%, and the volatility levels for the past 30 days are at 41.44% for DUO. The simple moving average for the past 20 days is -31.27% for DUO’s stock, with a 84.25% simple moving average for the past 200 days.
DUO Trading at 26.68% 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 -73.88% of loss for the given period.
Volatility was left at 41.44%, however, over the last 30 days, the volatility rate increased by 19.39%, as shares surge +184.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +212.82% upper at present.
During the last 5 trading sessions, DUO rose by +15.09%, which changed the moving average for the period of 200-days by +80.74% in comparison to the 20-day moving average, which settled at $1.7750. In addition, Fangdd Network Group Ltd saw 81.28% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for DUO
Current profitability levels for the company are sitting at:
- -1.11 for the present operating margin
- 0.15 for the gross margin
The net margin for Fangdd Network Group Ltd stands at -0.46. The total capital return value is set at -0.97. 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 0.54. When we switch over and look at the enterprise to sales, we see a ratio of -0.34. The receivables turnover for the company is 0.8for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.17.
Conclusion
To put it simply, Fangdd Network Group Ltd (DUO) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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.
