Fangdd Network Group Ltd (NASDAQ:DUO) price on Thursday, December 26, rose 12.96% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.72.
A look at the stock’s price movement, the close in the last trading session was $0.64, moving within a range at $0.6244 and $0.74. 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 32.82% over the past month.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DUO is a 50% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
DUO’s current price about 7.10% and -15.24% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 49.52, while 7-day volatility ratio is 11.73% and 16.95% in the 30-day chart. Further, Fangdd Network Group Ltd (DUO) has a beta value of 1.56, and an average true range (ATR) of 0.14.
If we refocus on Fangdd Network Group Ltd (NASDAQ:DUO), historical trading data shows that trading volumes averaged 4.22 over the past 10 days and 22.69 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 2024-11-29, giving us a short ratio of 0.47. Current price change has pushed the stock 6.98% 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.
