Fangdd Network Group (NASDAQ:DUO) Releases Quarterly Earnings Results

Fangdd Network Group (NASDAQ:DUO) released its earnings results on Wednesday. The company reported $3,795.34 earnings per share for the quarter, FiscalAI reports. The firm had revenue of $11.16 million for the quarter.

Fangdd Network Group Stock Down 1.9%

Fangdd Network Group stock traded down $0.03 on Wednesday, reaching $1.57. 71,290 shares of the stock were exchanged, compared to its average volume of 67,881. Fangdd Network Group has a twelve month low of $1.01 and a twelve month high of $6.08. The firm has a fifty day moving average price of $1.22 and a two-hundred day moving average price of $1.53.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Fangdd Network Group in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Fangdd Network Group has an average rating of “Sell”.

Fangdd Network Group Company Profile

Fangdd Network Group Ltd (NASDAQ: DUO) operates an online real estate transaction services platform in China, connecting property developers, brokers and individual homebuyers. The company offers a suite of cloud-based software tools and marketplace solutions designed to streamline property listings, marketing campaigns and customer relationship management for real estate agencies and developers.

Through its SaaS platform, Fangdd delivers tools for multi-channel listing distribution, virtual property tours, lead generation and transaction management.