Futu Holdings Ltd ADR (NASDAQ: FUTU): Do Not Miss The Gain Train

Futu Holdings Ltd ADR (FUTU) concluded trading on Wednesday at a closing price of $115.81, with 4.52 million shares of worth about $523.87 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 101.33% during that period and on February 12, 2025 the price saw a gain of about 9.38%. Currently the company’s common shares owned by public are about 93.48M shares, out of which, 87.85M shares are available for trading.

Stock saw a price change of 23.05% in past 5 days and over the past one month there was a price change of 54.15%. Year-to-date (YTD), FUTU shares are showing a performance of 44.78% which increased to 144.26% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $46.58 but also hit the highest price of $127.49 during that period. The average intraday trading volume for Futu Holdings Ltd ADR shares is 2.30 million. The stock is currently trading 20.41% above its 20-day simple moving average (SMA20), while that difference is up 30.96% for SMA50 and it goes to 49.36% higher than SMA200.

Futu Holdings Ltd ADR (NASDAQ: FUTU) currently have 93.48M outstanding shares and institutions hold larger chunk of about 33.31% of that.

The stock has a current market capitalization of $10.83B and its 3Y-monthly beta is at 0.78. PE ratio of stock for trailing 12 months is 28.41, while it has posted earnings per share of $4.08 in the same period. Its PEG reads 1.22 while making debt-to-equity ratio of 0.15. 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 5.40% while standing at 4.77% over the month.

Stock’s fiscal year EPS is expected to rise by 24.25% while it is estimated to increase by 29.70% in next year. EPS is likely to shrink at an annualized rate of 23.36% 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 Citigroup on November 19, 2024 offering a Neutral rating for the stock and assigned a target price range of between $79 and $95 to it. Coverage by Morgan Stanley stated Futu Holdings Ltd ADR (FUTU) stock as an Overweight in their note to investors on November 18, 2024, suggesting a price target of $115 for the stock. On May 28, 2024, JP Morgan Upgrade their recommendations, while on March 18, 2024, CLSA Upgrade their ratings for the stock with a price target of $65. Stock get a Neutral rating from JP Morgan on March 15, 2024.

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