While Fangdd Network Group Ltd has overperformed by 2.75%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, DUO rose by 46.47%, with highs and lows ranging from $4.67 to $0.32, whereas the simple moving average jumped by 5.37% in the last 200 days.
Analysis of Fangdd Network Group Ltd (DUO)
Further, the quarter-over-quarter decrease in sales is -81.26%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Fangdd Network Group Ltd’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of -35.80% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.16, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and DUO is recording an average volume of 22.49M. On a monthly basis, the volatility of the stock is set at 16.15%, whereas on a weekly basis, it is put at 19.89%, with a loss of -15.08% over the past seven days. Furthermore, long-term investors anticipate a median target price of $449.31, showing growth from the present price of $0.75, which can serve as yet another indication of whether DUO is worth investing in or should be passed over.
How Do You Analyze Fangdd Network Group Ltd Shares?
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 99.96%. This can enable you to see the extent to which executives own the company’s stock.
