Shares of Fangdd Network Group Ltd. (NASDAQ:DUO) traded today at $2.36, breaking its 52-week low. This new low was reached on approximately average trading volume as 574,000 shares traded hands, while the average 30-day volume is approximately 515,000 shares.
Potential upside of 41.8% exists for Fangdd Network Group Ltd., based on a current level of $2.40 and analysts’ average consensus price target of $3.40.
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 $2.36 to $13.97 and is now at $2.40.
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