Market cap of Phoenix Tree Holdings Limited [DNK] reaches 544.87M – now what?

Phoenix Tree Holdings Limited [NYSE: DNK] slipped around -0.51 points on Monday, while shares priced at $2.71 at the close of the session, down -15.84%. The company report on November 6, 2020 that Danke Stand-up Comedy Show Promotes Community-building and Celebrates a Successful Promotional Campaign.

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Phoenix Tree Holdings Limited (“Danke” or the “Company”) (NYSE: DNK), one of the largest co-living platforms in China with the fastest growth, hosted a stand-up comedy show on the topic of millennial tenants to celebrate the end of a promotional campaign, foster a sense of community, and create a dialogue on the important issue of positive spending habits among young Danke residents.

The event topped off the month-long promotional campaign “Eat, Drink, Play, Save,” organized by Danke in cooperation with other brands popular with younger consumers. Partners included China’s famous cake brand Cake Boss, China’s largest online alcohol retailer Jiuxian.com, travel platform Klook, and China’s leading home projector brand, XGIMI. Launched in September, Danke and the other brands offered coupons, discounts, and other benefits to help consumers make the most of the eight-day Mid-Autumn Festival and National Day Holiday (October 1 to 8) while also saving money.

Phoenix Tree Holdings Limited stock is now -6.87% down from its year-to-date (YTD) trading value. DNK Stock saw the intraday high of $3.34 and lowest of $2.63 per share. The company’s 52-week high price is 13.35, which means current price is +11.07% above from all time high which was touched on 02/19/21.

Compared to the average trading volume of 837.78K shares, DNK reached a trading volume of 1118869 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Phoenix Tree Holdings Limited [DNK]?

The Average True Range (ATR) for Phoenix Tree Holdings Limited is set at 0.28, with the Price to Sales ratio for DNK stock in the period of the last 12 months amounting to 0.45. The Price to Book ratio for the last quarter was 9.03, with the Price to Cash per share for the same quarter was set at 0.63.

How has DNK stock performed recently?

Phoenix Tree Holdings Limited [DNK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.44. With this latest performance, DNK shares dropped by -6.23% in over the last four-week period, additionally sinking by -53.36% over the last 6 months – not to mention a drop of -76.43% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DNK stock in for the last two-week period is set at 43.26, with the RSI for the last a single of trading hit 40.30, and the three-weeks RSI is set at 44.90 for Phoenix Tree Holdings Limited [DNK]. The present Moving Average for the last 50 days of trading for this stock 2.99, while it was recorded at 3.12 for the last single week of trading, and 5.35 for the last 200 days.

Phoenix Tree Holdings Limited [DNK]: Deeper insight into the fundamentals

Phoenix Tree Holdings Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.40.

Insider trade positions for Phoenix Tree Holdings Limited [DNK]

There are presently around $100 million, or 23.50% of DNK stock, in the hands of institutional investors. The top three institutional holders of DNK stocks are: TIGER GLOBAL MANAGEMENT LLC with ownership of 36,436,075, which is approximately 0% of the company’s market cap and around 2.24% of the total institutional ownership; PENSERRA CAPITAL MANAGEMENT LLC, holding 193,388 shares of the stock with an approximate value of $0.52 million in DNK stocks shares; and INFINI MASTER FUND, currently with $0.24 million in DNK stock with ownership of nearly New of the company’s market capitalization.

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7 institutional holders increased their position in Phoenix Tree Holdings Limited [NYSE:DNK] by around 343,438 shares. Additionally, 3 investors decreased positions by around 1,460,830 shares, while 1 investors held positions by with 34,997,332 shares. The mentioned changes placed institutional holdings at 36,801,600 shares, according to the latest SEC report filing. DNK stock had 7 new institutional investments in for a total of 343,438 shares, while 2 institutional investors sold positions of 1,361,829 shares during the same period.

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