For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Futu Holdings Ltd ADR (NASDAQ: FUTU) was $103.47 for the day, up 0.10% from the previous closing price of $103.37. In other words, the price has increased by $0.10 from its previous closing price. On the day, 0.95 million shares were traded. FUTU stock price reached its highest trading level at $104.3 during the session, while it also had its lowest trading level at $102.02.
Ratios:
Our analysis of FUTU’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on November 19, 2024, Downgraded its rating to Neutral and sets its target price to $95 from $79 previously.
On November 18, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $70 to $115.
JP Morgan Upgraded its Neutral to Overweight on May 28, 2024, whereas the target price for the stock was revised from $62 to $92.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 09 ’24 when XU LI bought 144,311 shares for $83.27 per share.
Huang River Investment Limited bought 20,645,160 shares of FUTU for $200,000,000 on Sep 26 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FUTU now has a Market Capitalization of 14270894080 and an Enterprise Value of 42232791040. As of this moment, Futu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.75, and their Forward P/E ratio for the next fiscal year is 12.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.55 while its Price-to-Book (P/B) ratio in mrq is 3.90. Its current Enterprise Value per Revenue stands at 3.527.
Stock Price History:
The Beta on a monthly basis for FUTU is 0.64, which has changed by 0.8506528 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. Over the past 52 weeks, FUTU has reached a high of $130.88, while it has fallen to a 52-week low of $50.61. The 50-Day Moving Average of the stock is -3.92%, while the 200-Day Moving Average is calculated to be 22.61%.
Shares Statistics:
FUTU traded an average of 2.78M shares per day over the past three months and 2205810 shares per day over the past ten days. A total of 93.48M shares are outstanding, with a floating share count of 89.54M. Insiders hold about 4.22% of the company’s shares, while institutions hold 34.05% stake in the company. Shares short for FUTU as of 1741910400 were 3973327 with a Short Ratio of 1.43, compared to 1739491200 on 4821099. Therefore, it implies a Short% of Shares Outstanding of 3973327 and a Short% of Float of 7.180000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
