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After finishing at $84.22 in the prior trading day, Futu Holdings Ltd ADR (NASDAQ: FUTU) closed at $84.00, down -0.26%. In other words, the price has decreased by -$0.26 from its previous closing price. On the day, 1.91 million shares were traded. FUTU stock price reached its highest trading level at $84.945 during the session, while it also had its lowest trading level at $82.77.
Ratios:
Our goal is to gain a better understanding of FUTU by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.01.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 26 ’24 when Huang River Investment Limited bought 20,645,160 shares for $9.69 per share.
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 11585532928 and an Enterprise Value of 46907662336. As of this moment, Futu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.60, and their Forward P/E ratio for the next fiscal year is 13.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.32 while its Price-to-Book (P/B) ratio in mrq is 3.17. Its current Enterprise Value per Revenue stands at 4.94.
Stock Price History:
Over the past 52 weeks, FUTU has reached a high of $130.50, while it has fallen to a 52-week low of $43.61. The 50-Day Moving Average of the stock is -10.09%, while the 200-Day Moving Average is calculated to be 19.45%.
Shares Statistics:
The stock has traded on average 4.65M shares per day over the past 3-months and 2911920 shares per day over the last 10 days, according to various share statistics. A total of 93.35M shares are outstanding, with a floating share count of 87.86M. Insiders hold about 6.01% of the company’s shares, while institutions hold 32.74% stake in the company. Shares short for FUTU as of 1730332800 were 4982200 with a Short Ratio of 1.07, compared to 1727654400 on 5356285. Therefore, it implies a Short% of Shares Outstanding of 4982200 and a Short% of Float of 9.0.
