Futu Holdings Ltd ADR (FUTU) concluded trading on Thursday at a closing price of $108.66, with 7.24 million shares of worth about $786.61 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 55.47% during that period and on November 07, 2024 the price saw a gain of about 12.42%. Currently the company’s common shares owned by public are about 93.35M shares, out of which, 87.31M shares are available for trading.
Stock saw a price change of 14.39% in past 5 days and over the past one month there was a price change of -2.04%. Year-to-date (YTD), FUTU shares are showing a performance of 98.90% which increased to 79.28% 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 $130.50 during that period. The average intraday trading volume for Futu Holdings Ltd ADR shares is 4.20 million. The stock is currently trading 12.68% above its 20-day simple moving average (SMA20), while that difference is up 26.18% for SMA50 and it goes to 60.28% 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 30.80% of that.
The stock has a current market capitalization of $10.16B and its 3Y-monthly beta is at 0.75. PE ratio of stock for trailing 12 months is 28.05, while it has posted earnings per share of $3.87 in the same period. Its PEG reads 1.38 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 6.30% while standing at 5.93% over the month.
Stock’s fiscal year EPS is expected to rise by 19.03% while it is estimated to increase by 26.26% in next year. EPS is likely to shrink at an annualized rate of 20.26% 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.
