Shares of Fangdd Network Group Ltd. (DUO) Surpass 52-Week Low

July 23, 2021 10:37:17

Shares of Fangdd Network Group Ltd. (NASDAQ:DUO) traded today at $2.17, breaking its 52-week low. So far today approximately 574,000 shares have been exchanged, 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.

Potential upside of 29.8% exists for Fangdd Network Group Ltd., based on a current level of $2.20 and analysts’ average consensus price target of $2.86.

Fangdd Network Group Ltd. share prices have moved between a 52-week high of $13.97 and the current low of $2.17 and are currently at $2.20 per share.

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