During the last session, Futu Holdings Ltd ADR (NASDAQ:FUTU)’s traded shares were 8.79 million, with the beta value of the company hitting 0.73. At the end of the trading day, the stock’s price was $107.17, reflecting an intraday loss of -3.38% or -$3.75. The 52-week high for the FUTU share is $130.50, that puts it down -21.77 from that peak though still a striking 59.31% gain since the share price plummeted to a 52-week low of $43.61. The company’s market capitalization is $10.02B, and the average intraday trading volume over the past 10 days was 14.26 million shares, and the average trade volume was 3.27 million shares over the past three months.
Futu Holdings Ltd ADR (FUTU) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.25. FUTU has a Sell rating from 1 analyst(s) out of 11 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 9 recommend a Buy rating for it.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Futu Holdings Ltd ADR (NASDAQ:FUTU) trade information
Futu Holdings Ltd ADR (FUTU) registered a -3.38% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.38% in intraday trading to $107.17, hitting a weekly high. The stock’s 5-day price performance is -12.72%, and it has moved by 79.79% in 30 days. Based on these gigs, the overall price performance for the year is 70.76%. The short interest in Futu Holdings Ltd ADR (NASDAQ:FUTU) is 5.36 million shares and it means that shorts have 1.8 day(s) to cover.
The consensus price target of analysts on Wall Street is $67.5, which implies a decrease of -58.77% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $27 and $80.2 respectively. As a result, FUTU is trading at a premium of 25.17% off the target high and 74.81% off the low.
Futu Holdings Ltd ADR (FUTU) estimates and forecasts
Statistics show that Futu Holdings Ltd ADR has underperformed its competitors in share price, compared to the industry in which it operates. Futu Holdings Ltd ADR (FUTU) shares have gone up 78.47% during the last six months, with a year-to-date growth rate less than the industry average at 9.18% against 18.20.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 157.52%. While earnings are projected to return 20.21% in 2024, the next five years will return 15.70% per annum.
FUTU Dividends
Futu Holdings Ltd ADR is due to release its next quarterly earnings in November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 3.7 million shares, is of MORGAN STANLEY’s that is approximately 2.6851% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $242.86 million.
