Fangdd Network Group Ltd (NASDAQ:DUO) price on Friday, November 15, fall -7.28% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.65.
A look at the stock’s price movement, the close in the last trading session was $0.70, moving within a range at $0.6371 and $0.6851. The beta value (5-Year monthly) was 1.297. Turning to its 52-week performance, $4.67 and $0.32 were the 52-week high and 52-week low respectively. Overall, DUO moved -39.81% over the past month.
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
Turning to the stock’s technical picture we see that short term indicators suggest on average that DUO is a Hold. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
DUO’s current price about -39.04% and -46.01% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.25, while 7-day volatility ratio is 17.56% and 13.77% in the 30-day chart. Further, Fangdd Network Group Ltd (DUO) has a beta value of 1.66, and an average true range (ATR) of 0.25.
If we refocus on Fangdd Network Group Ltd (NASDAQ:DUO), historical trading data shows that trading volumes averaged 8.64 over the past 10 days and 17.21 million over the past 3 months.
The 99.96% of Fangdd Network Group Ltd’s shares are in the hands of company insiders. Also important is the data on short interest which shows that short shares stood at 1.97 million on 2024-10-31, giving us a short ratio of 0.04. Current price change has pushed the stock -3.42% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DUO stock continues to rise going into the next quarter.
