Fangdd Network Group Ltd (NASDAQ:DUO) price on current trading day, rose 0.22% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.55.
A look at the stock’s price movement, the level at last check in today’s session was $0.55, moving within a range at $0.54 and $0.5575. 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 -51.33% over the past month.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DUO is a 100% Sell. 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 -14.74% and -55.24% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.37, while 7-day volatility ratio is 7.20% and 13.15% in the 30-day chart. Further, Fangdd Network Group Ltd (DUO) has a beta value of 1.57, and an average true range (ATR) of 0.12.
If we refocus on Fangdd Network Group Ltd (NASDAQ:DUO), historical trading data shows that trading volumes averaged 2.33 over the past 10 days and 17.91 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 2.28 million on 2024-11-15, giving us a short ratio of 0.29. Current price change has pushed the stock -18.28% 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.
