For the readers interested in the stock health of Fangdd Network Group Ltd. (DUO). It is currently valued at $0.41. When the transactions were called off in the previous session, Stock hit the highs of $0.42, after setting-off with the price of $0.384. Company’s stock value dipped to $0.3654 during the trading on the day. When the trading was stopped its value was $0.37.Recently in News on January 7, 2022, FangDD Receives Nasdaq Notice Regarding Minimum Bid Requirements. Fangdd Network Group Ltd. (“FangDD” or the “Company”) (Nasdaq: DUO) today announced that the Company had received a notice from the Nasdaq Stock Market LLC (“Nasdaq”), dated January 4, 2022, notifying that, the Company is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5450(a)(1) (the “Rule”). It has resulted from the fact that the bid price of the Company’s American depositary shares (“ADSs”) closed below US$1 per share for the last 30 consecutive business days from November 19, 2021 to January 3, 2022. The Company has been granted a grace period of 180 calendar days, expiring on July 5, 2022, in which to regain compliance. The Company will regain compliance if, at any time during this 180-day period, the closing bid price of the Company’s ADSs is at least US$1 for a minimum of ten consecutive business days. In the event the Company does not regain compliance with the Rule within 180 calendar days, the Company may be eligible for additional time. You can read further details here
Fangdd Network Group Ltd. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $0.5500 on 01/03/22, with the lowest value was $0.3300 for the same time period, recorded on 01/10/22.
Fangdd Network Group Ltd. (DUO) full year performance was -94.91%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Fangdd Network Group Ltd. shares are logging -95.77% during the 52-week period from high price, and 25.76% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.33 and $9.80.
The company’s shares, operating in the sector of Real Estate managed to top a trading volume set approximately around 1388912 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Fangdd Network Group Ltd. (DUO) recorded performance in the market was -10.75%, having the revenues showcasing -56.77% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 34.25M, as it employees total of 1750 workers.
Market experts do have their say about Fangdd Network Group Ltd. (DUO)
During the last month, 0 analysts gave the Fangdd Network Group Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.9570, with a change in the price was noted -0.97. In a similar fashion, Fangdd Network Group Ltd. posted a movement of -69.93% for the period of last 100 days, recording 1,225,562 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for DUO is recording 0.24 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Technical breakdown of Fangdd Network Group Ltd. (DUO)
Raw Stochastic average of Fangdd Network Group Ltd. in the period of last 50 days is set at 8.76%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 35.94%. In the last 20 days, the company’s Stochastic %K was 20.24% and its Stochastic %D was recorded 13.39%.
Bearing in mind the latest performance of Fangdd Network Group Ltd., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -10.75%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -82.56%, alongside a downfall of -94.91% for the period of the last 12 months. The shares increased approximately by 7.85% in the 7-day charts and went up by -21.80% in the period of the last 30 days. Common stock shares were lifted by -56.77% during last recorded quarter.