Fangdd Network Group (NASDAQ:DUO) shares set to split upside down on Tuesday, June 7
The shares of Fangdd Network Group Ltd. (NASDAQ:DUO – Get Rating) will reverse split on Tuesday, June 7. The reverse 1-15 split was announced on Tuesday, June 7. The number of shares held by shareholders will be adjusted after market close on Tuesday, June 7.
NASDAQ: DUO opened at $0.19 on Monday. The stock has a market capitalization of $15.39 million, a P/E ratio of -0.15 and a beta of -0.36. The company’s fifty-day simple moving average is $0.29 and its 200-day simple moving average is $0.42. Fangdd Network Group has a 12-month low of $0.18 and a 12-month high of $3.58.
A number of institutional investors have recently changed their positions in DUO. Two Sigma Investments LP bought a new position in Fangdd Network Group during the third quarter worth $25,000. Virtu Financial LLC bought a new position in Fangdd Network Group during the first quarter worth $41,000. Dimensional Fund Advisors LP bought a new position in Fangdd Network Group during the third quarter worth $52,000. MARSHALL WACE ASIA Ltd bought a new stock position in Fangdd Network Group in Q3 for a value of approximately $184,000. Finally, Renaissance Technologies LLC increased its position in Fangdd Network Group shares by 1,201.5% in the 4th quarter. Renaissance Technologies LLC now owns 428,200 shares of the company worth $199,000 after purchasing an additional 395,300 shares in the last quarter.
Fangdd Network Group Company Profile (Get a rating)
Fangdd Network Group Ltd. operates as an online property market in the People’s Republic of China. The Company operates Duoduo Sales for real estate agents to provide access to prime and other property listings, a large base of real estate buyers, and marketplace products and services, such as shared listings, data, premium market functions and AI-powered market support, as well as assess the performance of online businesses; and Duoduo Cloud Agency which provides a suite of tools and services for agencies to manage their business and agents.
Get daily news and reviews for Fangdd Network Group – Enter your email address below to receive a concise daily summary of breaking news and analyst ratings for Fangdd Network Group and related companies with MarketBeat.com’s free daily email newsletter.