The stock of Fangdd Network Group Ltd (NASDAQ: DUO) has increased by 8.00 when compared to last closing price of 1.10.Despite this, the company has seen a gain of 0.68% 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?
Company’s 36-month beta value is 1.74.Analysts have differing 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
The public float for DUO is 12.74M, and currently, short sellers hold a 15.47% ratio of that floaft. The average trading volume of DUO on November 04, 2024 was 15.90M shares.
DUO’s Market Performance
The stock of Fangdd Network Group Ltd (DUO) has seen a 0.68% increase in the past week, with a -53.04% drop in the past month, and a 198.42% gain in the past quarter. The volatility ratio for the week is 6.11%, and the volatility levels for the past 30 days are at 23.15% for DUO. The simple moving average for the last 20 days is -1.77% for DUO’s stock, with a simple moving average of 72.51% for the last 200 days.
DUO Trading at 7.41% 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 -74.56% of loss for the given period.
Volatility was left at 23.15%, however, over the last 30 days, the volatility rate increased by 6.11%, as shares sank -47.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +146.54% upper at present.
During the last 5 trading sessions, DUO fell by -4.20%, which changed the moving average for the period of 200-days by +93.36% in comparison to the 20-day moving average, which settled at $1.2065. In addition, Fangdd Network Group Ltd saw 76.52% 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 -0.36. 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
In a nutshell, Fangdd Network Group Ltd (DUO) has experienced a better performance in recent times. The stock has received mixed “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.
