Fangdd Network Group Ltd (NASDAQ: DUO) In 2024: Reward Or Shame To Investors?

In today’s recent session, 1.87 million shares of the Fangdd Network Group Ltd (NASDAQ:DUO) have been traded, and its beta is 1.67.DUO at last check was trading at a discount to its 52-week high of $4.67, offering almost -309.65% off that amount. The share price’s 52-week low was $0.32, which indicates that the recent value has risen by an impressive 71.93% since then. We note from Fangdd Network Group Ltd’s average daily trading volume that its 10-day average is 9.67 million shares, with the 3-month average coming to 15.79 million.

Fangdd Network Group Ltd stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended DUO as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Fangdd Network Group Ltd is expected to report earnings per share of 0 for the current quarter.

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Fangdd Network Group Ltd (NASDAQ:DUO) trade information

Instantly DUO has been showing a green trend so far today with a performance of 5.57% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.3500 on recent trading dayincreased the stock’s daily price by 15.56%. The company’s shares are currently up 69.42% year-to-date, but still down -6.54% over the last five days. On the other hand, Fangdd Network Group Ltd (NASDAQ:DUO) is -9.51% down in the 30-day period. We can see from the shorts that 5.56 million shares have been sold at a short interest cover period of 0.03 day(s).

Fangdd Network Group Ltd (DUO) estimates and forecasts

The year-over-year growth rate is expected to be -56.50%, down from the previous year.

Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 26.15M in revenue for the current quarter. 1 analysts expect Fangdd Network Group Ltd to make 18.91M in revenue for the current ending quarter. Forecasts for the next quarter put sales growth at -79.90%. Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 43.37%.