In last trading session, Futu Holdings Ltd ADR (NASDAQ:FUTU) saw 7.24 million shares changing hands with its beta currently measuring 0.75. Company’s recent per share price level of $108.66 trading at $12.01 or 12.42% at ring of the bell on the day assigns it a market valuation of $10.16B. That closing price of FUTU’s stock is at a discount of -20.1% from its 52-week high price of $130.50 and is indicating a premium of 59.87% from its 52-week low price of $43.61. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.79 million shares which gives us an average trading volume of 4.20 million if we extend that period to 3-months.
For Futu Holdings Ltd ADR (FUTU), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.35. Splitting up the data highlights that, out of 11 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 9 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
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
Upright in the green during last session for gaining 12.42%, in the last five days FUTU remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $108.66 price level, adding 2.88% to its value on the day. Futu Holdings Ltd ADR’s shares saw a change of 98.90% in year-to-date performance and have moved 14.39% in past 5-day. Futu Holdings Ltd ADR (NASDAQ:FUTU) showed a performance of -2.04% in past 30-days. Number of shares sold short was 5.09 million shares which calculate 0.59 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 67.5 to the stock, which implies a fall of -60.98% to its current value. Analysts have been projecting 27 as a low price target for the stock while placing it at a high target of 108. It follows that stock’s current price would jump 75.15% in reaching the projected high whereas dropping to the targeted low would mean a gain of 75.15% for stock’s current value.
Futu Holdings Ltd ADR (FUTU) estimates and forecasts
Statistics highlight that Futu Holdings Ltd ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company added 55.47% of value to its shares in past 6 months, showing an annual growth rate of 21.17% while that of industry is 19.10. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 157.52% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 19.03% while estimates for its earnings growth in next 5 years are of 20.26%.
Futu Holdings Ltd ADR (NASDAQ:FUTU)’s Major holders
ASPEX MANAGEMENT (HK) LTD is the top institutional holder at FUTU for having 4.44 million shares of worth $291.6 million. And as of 2024-06-30, it was holding 3.224 of the company’s outstanding shares.
The second largest institutional holder is MORGAN STANLEY, which was holding about 3.7 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.6851 of outstanding shares, having a total worth of $242.86 million.
