Futu Holdings Ltd ADR (FUTU) concluded trading on Thursday at a closing price of $67.81, with 3.61 million shares of worth about $244.59 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 17.56% during that period and on September 19, 2024 the price saw a gain of about 13.95%. Currently the company’s common shares owned by public are about 93.35M shares, out of which, 87.18M shares are available for trading.
Stock saw a price change of 19.05% in past 5 days and over the past one month there was a price change of 13.57%. Year-to-date (YTD), FUTU shares are showing a performance of 24.13% which increased to 15.17% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $43.61 but also hit the highest price of $81.86 during that period. The average intraday trading volume for Futu Holdings Ltd ADR shares is 1.14 million. The stock is currently trading 12.73% above its 20-day simple moving average (SMA20), while that difference is up 10.93% for SMA50 and it goes to 13.76% higher than SMA200.
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Futu Holdings Ltd ADR (NASDAQ: FUTU) currently have 93.35M outstanding shares and institutions hold larger chunk of about 29.73% of that.
The stock has a current market capitalization of $6.33B and its 3Y-monthly beta is at 0.72. PE ratio of stock for trailing 12 months is 17.51, while it has posted earnings per share of $3.87 in the same period. Its PEG reads 1.33 while making debt-to-equity ratio of 0.22. 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 4.09% while standing at 3.45% over the month.
Analysts are in expectations that Futu Holdings Ltd ADR (FUTU) stock would likely to be making an EPS of 0.97 in the current quarter, while forecast for next quarter EPS is 0.87 and it is 5.25 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.85 which is 1.09 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 1.06 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 15.69% while it is estimated to increase by 16.96% in next year. EPS is likely to shrink at an annualized rate of 13.21% for next 5-years, compared to annual growth of 157.52% 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 May 28, 2024 offering an Overweight rating for the stock and assigned a target price range of between $62 and $92 to it. Coverage by CLSA stated Futu Holdings Ltd ADR (FUTU) stock as an Outperform in their note to investors on March 18, 2024, suggesting a price target of $65 for the stock. On March 15, 2024, JP Morgan Downgrade their recommendations, while on January 17, 2024, JP Morgan Upgrade their ratings for the stock with a price target of $64. Stock get a Buy rating from UBS on January 05, 2024.
