Shares of Molecular Data Inc. (NASDAQ:MKD) traded today at $0.55, breaking its 52-week low. Approximately 427,000 shares have changed hands today, as compared to an average 30-day volume of 1.1 million shares.
Molecular Data Inc. (NASDAQ:MKD) defies analysts with a current price ($0.59) 3.1% above its average consensus price target of $0.57.
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.
Over the past year, Molecular Data Inc. has traded in a range of $0.55 to $2.70 and is now at $0.59.
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