Shares of Fangdd Network Group Ltd. (DUO) Have Fallen Below Previous 52-Week Low

July 19, 2021 11:10:31

Fangdd Network Group Ltd. (NASDAQ:DUO) traded at a new 52-week low today of $2.23. Approximately 574,000 shares have changed hands today, as compared to an average 30-day volume of 304,000 shares.

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.

Over the past year, Fangdd Network Group Ltd. has traded in a range of $2.23 to $13.97 and is now at $2.35.

There is potential upside of 14.4% for shares of Fangdd Network Group Ltd. based on a current price of $2.35 and an average consensus analyst price target of $2.69.

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