Futu Holdings Ltd ADR (FUTU) concluded trading on Wednesday at a closing price of $114.00, with 4.33 million shares of worth about $493.61 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 85.45% during that period and on Wednesday the price saw a gain of about 9.01%. Currently the company’s common shares owned by public are about 93.48M shares, out of which, 89.54M shares are available for trading.
Stock saw a price change of -6.06% in past 5 days and over the past one month there was a price change of 21.44%. Year-to-date (YTD), FUTU shares are showing a performance of 42.52% which increased to 130.84% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $48.92 but also hit the highest price of $130.88 during that period. The average intraday trading volume for Futu Holdings Ltd ADR shares is 2.49 million. The stock is currently trading 5.20% above its 20-day simple moving average (SMA20), while that difference is up 21.30% for SMA50 and it goes to 42.85% higher than SMA200.
Futu Holdings Ltd ADR (NASDAQ: FUTU) currently have 93.48M outstanding shares and institutions hold larger chunk of about 34.03% of that.
The stock has a current market capitalization of $10.66B and its 3Y-monthly beta is at 0.78. PE ratio of stock for trailing 12 months is 27.96, while it has posted earnings per share of $4.08 in the same period. Its PEG reads 1.16 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 7.69% while standing at 5.88% over the month.
Stock’s fiscal year EPS is expected to rise by 24.62% while it is estimated to increase by 30.34% in next year. EPS is likely to shrink at an annualized rate of 24.02% 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.
