Shares of Molecular Data Inc. (NASDAQ:MKD) traded at a new 52-week low today of $0.65. So far today approximately 427,000 shares have been exchanged, as compared to an average 30-day volume of 1 million shares.
In the past 52 weeks, shares of Molecular Data Inc. have traded between the current low of $0.65 and a high of $2.90 and is now at $0.69.
Molecular Data Inc is a chemical e-commerce platform in China. It provides SaaS-powered and data-driven integrated service platform for chemical e-commerce. The company offers e-commerce solutions, financial solutions, and warehousing and logistics solutions through its platform. The company generates all its revenues through Chemical trading from China. It sells chemical products to customers through an online platform or sales representatives.
There is potential upside of 5.5% for shares of Molecular Data Inc. based on a current price of $0.69 and an average consensus analyst price target of $0.73.
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