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In the latest session, Futu Holdings Ltd ADR (NASDAQ: FUTU) closed at $69.89 up 1.27% from its previous closing price of $69.01. In other words, the price has increased by $1.27 from its previous closing price. On the day, 1.39 million shares were traded. FUTU stock price reached its highest trading level at $72.08 during the session, while it also had its lowest trading level at $69.295.
Ratios:
For a deeper understanding of Futu Holdings Ltd ADR’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.24 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, CLSA on March 18, 2024, Upgraded its rating to Outperform and sets its target price to $65 from $50 previously.
On March 15, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $64 to $62.
JP Morgan Upgraded its Neutral to Overweight on January 17, 2024, while the target price for the stock was maintained at $64.
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 9758811136 and an Enterprise Value of 31772127232. As of this moment, Futu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.88, and their Forward P/E ratio for the next fiscal year is 14.22. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.10 while its Price-to-Book (P/B) ratio in mrq is 2.07. Its current Enterprise Value per Revenue stands at 3.492.
Stock Price History:
Over the past 52 weeks, FUTU has reached a high of $75.25, while it has fallen to a 52-week low of $35.91. The 50-Day Moving Average of the stock is 18.48%, while the 200-Day Moving Average is calculated to be 25.67%.
Shares Statistics:
For the past three months, FUTU has traded an average of 1.52M shares per day and 2216680 over the past ten days. A total of 93.35M shares are outstanding, with a floating share count of 90.47M. Insiders hold about 3.08% of the company’s shares, while institutions hold 25.52% stake in the company. Shares short for FUTU as of 1713139200 were 3325416 with a Short Ratio of 2.19, compared to 1710460800 on 3248110. Therefore, it implies a Short% of Shares Outstanding of 3325416 and a Short% of Float of 3.2399999999999998.
