Currently, there are 93.35M common shares owned by the public and among those 87.86M shares have been available to trade.
The company’s stock has a 5-day price change of -6.79% and 38.34% over the past three months. FUTU shares are trading 58.70% year to date (YTD), with the 12-month market performance up to 45.54% higher. It has a 12-month low price of $43.61 and touched a high of $130.50 over the same period. FUTU has an average intraday trading volume of 4.58 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -8.21%, -4.96%, and 24.60% respectively.
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Institutional ownership of Futu Holdings Ltd ADR (NASDAQ: FUTU) shares accounts for 32.72% of the company’s 93.35M shares outstanding.
It has a market capitalization of $8.10B and a beta (3y monthly) value of 0.75. The stock’s trailing 12-month PE ratio is 21.25, while the earnings-per-share (ttm) stands at $4.08. The company has a PEG of 1.05 and the debt-to-equity ratio at 0.14. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.28% over the week and 5.55% over the month.
Earnings per share for the fiscal year are expected to increase by 20.62%, and 27.26% over the next financial year. EPS should shrink at an annualized rate of 20.26% over the next five years, compared to 157.52% over the past 5-year period.
Looking at the support for the FUTU, a number of firms have released research notes about the stock. Citigroup stated their Neutral rating for the stock in a research note on Nov-20-24, with the firm’s price target at $79-$95. Morgan Stanley coverage for the Futu Holdings Ltd ADR (FUTU) stock in a research note released on November 18, 2024 offered a Overweight rating with a price target of $115. JP Morgan was of a view on May 28, 2024 that the stock is Overweight, while CLSA gave the stock Outperform rating on March 18, 2024, issuing a price target of $50- $65. JP Morgan on their part issued Neutral rating on March 15, 2024.
