Futu Holdings Ltd ADR (FUTU) concluded trading on Thursday at a closing price of $56.40, with 7.05 million shares of worth about $397.84 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -4.21% during that period and on March 14, 2024 the price saw a loss of about -13.76%. Currently the company’s common shares owned by public are about 92.09M shares, out of which, 89.25M shares are available for trading.
Stock saw a price change of 0.41% in past 5 days and over the past one month there was a price change of 17.55%. Year-to-date (YTD), FUTU shares are showing a performance of 3.24% which increased to 20.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $35.91 but also hit the highest price of $67.49 during that period. The average intraday trading volume for Futu Holdings Ltd ADR shares is 1.54 million. The stock is currently trading 3.56% above its 20-day simple moving average (SMA20), while that difference is up 11.11% for SMA50 and it goes to 8.14% higher than SMA200.
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Futu Holdings Ltd ADR (NASDAQ: FUTU) currently have 92.09M outstanding shares and institutions hold larger chunk of about 26.03% of that.
The stock has a current market capitalization of $5.19B and its 3Y-monthly beta is at 0.80. PE ratio of stock for trailing 12 months is 14.43, while it has posted earnings per share of $3.91 in the same period. Its PEG reads 9.19 while making debt-to-equity ratio of 0.24. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FUTU, volatility over the week remained 5.98% while standing at 3.88% over the month.
Analysts are in expectations that Futu Holdings Ltd ADR (FUTU) stock would likely to be making an EPS of $0.96 in the current quarter, while forecast for next quarter EPS is $0.81 and it is $4.31 for next year. For the current quarter EPS, analysts have given the company a lowest target $0.84 which is $1.08 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.94 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 15.19% while it is estimated to increase by 12.72% in next year. EPS is likely to shrink at an annualized rate of 1.57% for next 5-years, compared to annual growth of 157.47% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by JP Morgan on January 17, 2024 offering an Overweight rating for the stock and assigned a target price of $64 to it. Coverage by UBS stated Futu Holdings Ltd ADR (FUTU) stock as a Buy in their note to investors on January 05, 2024, suggesting a price target of $67 for the stock. Stock get an Outperform rating from Credit Suisse on May 25, 2023.
