Is Fangdd Network Group Ltd (NASDAQ: DUO) Stock Ready For A Higher Run In Its Share Price?

In the last trading session, 2.04 million Fangdd Network Group Ltd (NASDAQ:DUO) shares changed hands as the company’s beta touched 2.64.DUO’s last price was a discount, traded about -1629.63% off its 52-week high of $4.67. When we look at Fangdd Network Group Ltd’s average trading volume, we note the 10-day average is 2.67 million shares, with the 3-month average coming to 2.77 million.

Fangdd Network Group Ltd (NASDAQ:DUO) trade information

Instantly DUO was in red as seen at the end of in last trading. With action -11.12%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -54.82%, with the 5-day performance at -11.12% in the red. However, in the 30-day time frame, Fangdd Network Group Ltd (NASDAQ:DUO) is -46.50% down. Looking at the short shares, we see there were 0.97 million shares sold at short interest cover period of 0.39 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 43.37%.

DUO Dividends

Fangdd Network Group Ltd is expected to release its next quarterly earnings report on 2021-Aug-12.

Fangdd Network Group Ltd (NASDAQ:DUO)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 4.52% of Fangdd Network Group Ltd shares while 5.16% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 5.41%.

With 187.0 shares estimated at $50.0 under it, the former controlled 0.00% of total outstanding shares.