Fangdd Network Group Ltd (DUO): The stock short term indicators scream Sell today

Fangdd Network Group Ltd (DUO) saw downtrend of -9.46% in the recent trading with $0.65 being its most recent. The current price level -86.04% lower than the highest price of $4.67 marked by the stock while trading over the past 52-weeks, whereas it is 103.72% higher than the lowest price of $0.32 the company dropped to over past 52-weeks. The latest news story on DUO appeared in (GlobeNewswire) under the title “FangDD Received Nasdaq Notification Regarding Minimum Bid Price Requirement”.

Squeezing the time span to 30 day period shows us the stock is currently trading -57.67% below one month high and is +22.47% above of the lowest during that time. Looking into the simple moving average, Fangdd Network Group Ltd (DUO)’s stock stands at a SMA-50 of $0.8339 while that of 5-day is reading $0.6526.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and DUO’s SMA-200 as of now is $0.7110.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.

Fangdd Network Group Ltd Earnings – What Happened With DUO

Coming around sales and income figures on DUO Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

Fangdd Network Group Ltd – Insider Activity and Holdings

Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 3.00 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Fangdd Network Group Ltd has a debt to equity ratio of 0.01.

Technical Analysis of Fangdd Network Group Ltd (NASDAQ:DUO) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Fangdd Network Group Ltd (DUO), we notice that the stock’s 20-day average volume is at 17,051,561 shares and 100% of short term indicators are suggesting the stock as Sell. Its 50-day average volume of 9,811,542 shares. And to end, DUO’s 100-day average volume is 14,832,621 shares with 50% of the long-term indicators pointing towards Sell for the stock.