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Futu Holdings Ltd ADR (NASDAQ: FUTU) closed the day trading at $111.73 up 1.31% from the previous closing price of $110.28. In other words, the price has increased by $1.31 from its previous closing price. On the day, 2.34 million shares were traded. FUTU stock price reached its highest trading level at $112.58 during the session, while it also had its lowest trading level at $107.5527.
Ratios:
For a better understanding of FUTU, let’s 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 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 15410138112 and an Enterprise Value of 50468970496. As of this moment, Futu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.41, and their Forward P/E ratio for the next fiscal year is 17.37. 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 7.08 while its Price-to-Book (P/B) ratio in mrq is 4.21. Its current Enterprise Value per Revenue stands at 4.969.
Stock Price History:
The Beta on a monthly basis for FUTU is 0.63, which has changed by 0.9810283 over the last 52 weeks, in comparison to a change of 0.087141395 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 12.63%, while the 200-Day Moving Average is calculated to be 36.76%.
Shares Statistics:
Over the past 3-months, FUTU traded about 2.49M shares per day on average, while over the past 10 days, FUTU traded about 2513390 shares per day. 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 1740700800 were 3810854 with a Short Ratio of 1.53, compared to 1738281600 on 4350881. Therefore, it implies a Short% of Shares Outstanding of 3810854 and a Short% of Float of 6.88.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
