Fangdd Network Group (NASDAQ:DUO) Releases Earnings Results

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

Fangdd Network Group Trading Down 0.6%

Fangdd Network Group stock traded down $0.01 during midday trading on Thursday, reaching $1.56. 51,834 shares of the company’s stock were exchanged, compared to its average volume of 113,205. Fangdd Network Group has a 52 week low of $1.01 and a 52 week high of $6.08. The stock’s 50-day simple moving average is $1.22 and its 200 day simple moving average is $1.53.

Wall Street Analyst Weigh In

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