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In the latest session, Futu Holdings Ltd ADR (NASDAQ: FUTU) closed at $57.58 up 1.09% from its previous closing price of $56.96. In other words, the price has increased by $1.09 from its previous closing price. On the day, 1.31 million shares were traded. FUTU stock price reached its highest trading level at $57.75 during the session, while it also had its lowest trading level at $56.36.
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 0.22 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, JP Morgan on May 28, 2024, Upgraded its rating to Overweight and sets its target price to $92 from $62 previously.
On March 18, 2024, CLSA Upgraded its rating to Outperform which previously was Underperform and also upped its target price recommendation from $50 to $65.
JP Morgan Downgraded its Overweight to Neutral on March 15, 2024, whereas the target price for the stock was revised from $64 to $62.
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 7941606912 and an Enterprise Value of 8594519040. As of this moment, Futu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.87, and their Forward P/E ratio for the next fiscal year is 10.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.91 while its Price-to-Book (P/B) ratio in mrq is 2.30. Its current Enterprise Value per Revenue stands at 0.905.
Stock Price History:
Over the past 52 weeks, FUTU has reached a high of $81.86, while it has fallen to a 52-week low of $43.61. The 50-Day Moving Average of the stock is -6.96%, while the 200-Day Moving Average is calculated to be -3.29%.
Shares Statistics:
For the past three months, FUTU has traded an average of 1.18M shares per day and 1220110 over the past ten days. A total of 93.35M shares are outstanding, with a floating share count of 87.18M. Insiders hold about 6.60% of the company’s shares, while institutions hold 29.72% stake in the company. Shares short for FUTU as of 1724976000 were 4156944 with a Short Ratio of 3.51, compared to 1722384000 on 3917463. Therefore, it implies a Short% of Shares Outstanding of 4156944 and a Short% of Float of 7.510000499999999.
