DUO Stock Summary and Trading Ideas (Fangdd Network Group Ltd. - American Depositary Shares | NASDAQ:DUO)

Fangdd Network Group Ltd is an investment holding company. Through its subsidiaries, It is engaged in the provision of real estate information services through its online platform which also offers integrated marketing services for individual customers, real estate developers, and agents in China. Its SaaS-based solutions help real estate agents to connect with essential business resources, including customers, property listings, capital, and transaction data. The company generates the majority of its revenue from Base commission from transactions in China.

Fangdd Network Group Ltd. - American Depositary Shares trades on the NASDAQ stock market under the symbol DUO.

As of April 17, 2024, DUO stock price climbed to $0.39 with 49,640 million shares trading.

DUO has a beta of 0.33, meaning it tends to be less sensitive to market movements. DUO has a correlation of 0.00 to the broad based SPY ETF.

DUO has a market cap of $1.48 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, DUO stock traded as high as $1,169.98 and as low as $.35.

DUO has underperformed the market in the last year with a price return of -97.5% while the SPY ETF gained +23.0%. DUO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -35.9% and -10.7%, respectively, while the SPY returned +5.7% and -3.5%, respectively.

DUO support price is $.35 and resistance is $.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that DUO stock will trade within this expected range on the day.