Fangdd Network Group Ltd (DUO) Stock Observes -8.32% 200-Day Moving Average

The stock of Fangdd Network Group Ltd (DUO) has seen a -25.00% decrease in the past week, with a -46.97% drop in the past month, and a 33.37% flourish in the past quarter. The volatility ratio for the week is 14.60%, and the volatility levels for the past 30 days are at 13.67% for DUO. The simple moving average for the past 20 days is -35.72% for DUO’s stock, with a -8.32% simple moving average for the past 200 days.

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

The 36-month beta value for DUO is also noteworthy at 1.68. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

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The public float for DUO is 12.74M, and at present, short sellers hold a 9.84% of that float. The average trading volume of DUO on November 19, 2024 was 17.27M shares.

DUO) stock’s latest price update

The stock price of Fangdd Network Group Ltd (NASDAQ: DUO) has jumped by 2.65 compared to previous close of 0.63. Despite this, the company has seen a fall of -25.00% in its stock price over the last five trading days. globenewswire.com reported 2024-11-07 that SHENZHEN, China, Nov. 07, 2024 (GLOBE NEWSWIRE) — Fangdd Network Group Ltd. (Nasdaq: DUO) (“FangDD” or the “Company”), a customer-oriented property technology company in China, today announced that it has entered into a securities purchase agreement with certain investors (the “Purchase Agreement”) for the issuance and sale by the Company of US$5 million of Class A ordinary shares (or pre-funded warrants in lieu thereof), at a price of US$0.7 per share (or US$0.6994375 per pre-funded warrant), in a registered direct offering.

DUO Trading at -46.70% 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 -86.15% of loss for the given period.

Volatility was left at 13.67%, however, over the last 30 days, the volatility rate increased by 14.60%, as shares sank -49.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +63.43% upper at present.

During the last 5 trading sessions, DUO fell by -26.35%, which changed the moving average for the period of 200-days by +9.55% in comparison to the 20-day moving average, which settled at $1.0060. In addition, Fangdd Network Group Ltd saw -3.86% 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:

  • -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 -264.47 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 -0.46. 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 summary, Fangdd Network Group Ltd (DUO) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.

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