Fangdd Network Group (NASDAQ:DUO) Stock Price Up 0.6% – What’s Next?

Fangdd Network Group (NASDAQ:DUO)’s stock price shot up 0.6% on Wednesday . The stock traded as high as $0.65 and last traded at $0.6187. 11,802 shares changed hands during trading, a decline of 78% from the average session volume of 52,562 shares. The stock had previously closed at $0.6150.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded shares of Fangdd Network Group from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, May 14th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Fangdd Network Group Stock Performance

The company’s 50 day moving average price is $0.94 and its two-hundred day moving average price is $1.18.

Fangdd Network Group (NASDAQ:DUO) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $3,795.34 earnings per share (EPS) for the quarter. The firm had revenue of $11.16 million during the quarter.

About Fangdd Network Group

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.