The trading price of Fangdd Network Group Ltd (NASDAQ:DUO) closed lower on Friday, March 21, and closing at $0.33, -8.56% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it fluctuated between $0.325 and $0.3524. In examining the 52-week price action we see that the stock hit a 52-week high of $4.67 and a 52-week low of $0.32. Over the past month, the stock has lost -44.84% in value.
Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest DUO has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that DUO’s price is currently -28.50% off the SMA20 and -39.48% off the SMA50. The RSI metric on the 14-day chart is currently showing 25.22, and weekly volatility stands at 7.74%. When measured over the past 30 days, the indicator reaches 8.34%. Fangdd Network Group Ltd (NASDAQ:DUO)’s beta value is currently sitting at 2.15, while the Average True Range indicator is currently displaying 0.04.
To see how Fangdd Network Group Ltd stock has been performing in comparison to its peers in the industry, here are the numbers: DUO stock’s performance was -8.56% in the latest trading, and -32.78% in the past year.
An evaluation of the daily trading volume of Fangdd Network Group Ltd (NASDAQ:DUO) indicates that the 3-month average is 2.71 million. However, this figure has increased over the past 10 days to an average of 1.53.
The stats also highlight that short interest as of 2025-02-28, stood at 4.59 million shares, resulting in a short ratio of 0.75 at that time. It is noteworthy that short shares in February were up slightly from the previous month’s figure, which was 0.4 million. However, since the stock’s price has seen -45.49% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
