Futu Holdings Ltd ADR (NASDAQ:FUTU) Up 53.68% Since 52-Week Low; YTD Rose 36.60% – Here’s What You Need To Do

Futu Holdings Ltd ADR (NASDAQ:FUTU)’s traded shares stood at 0.78 million during the latest session, with the company’s beta value hitting 0.75. At the last check today, the stock’s price was $109.26, to imply a decrease of -1.94% or -$2.17 in intraday trading. The FUTU share’s 52-week high remains $130.88, putting it -19.79% down since that peak but still an impressive 53.68% since price per share fell to its 52-week low of $50.61.

Analysts have given a consensus recommendation of Buy for Futu Holdings Ltd ADR (FUTU), translating to a mean rating of 1.35. Of 11 analyst(s) looking at the stock, 1 analyst(s) give FUTU a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 9 recommend it as a Buy.

Futu Holdings Ltd ADR (NASDAQ:FUTU) trade information

After registering a -1.94% downside in the latest session, Futu Holdings Ltd ADR (FUTU) has traded red over the past five days. The 5-day price performance for the stock is -10.00%, and 12.44% over 30 days. With these gigs, the year-to-date price performance is 36.60%.

The extremes give us $108 and $118.4 for target low and target high price respectively. As such, FUTU has been trading -8.37% off suggested target high and 1.15% from its likely low.

Futu Holdings Ltd ADR (FUTU) estimates and forecasts

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 157.52% for the past 5-year period. While 2025 is set for a 24.69% return in earnings, projections for the next 5 years are at 24.05% annually.

FUTU Dividends

Futu Holdings Ltd ADR has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Futu Holdings Ltd ADR (NASDAQ:FUTU)’s Major holders

The next major institution holding the largest number of shares is MORGAN STANLEY with 3.7 million shares, or about 2.6851% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $242.86 million.

We also have Price (T.Rowe) Emerging Markets Discovery Stock Trust and Price (T.Rowe) Emerging Markets Discovery Stock Fund as the top two Mutual Funds with the largest holdings of the Futu Holdings Ltd ADR (FUTU) shares. Going by data provided on Sep 30, 2024, Price (T.Rowe) Emerging Markets Discovery Stock Trust holds roughly 907.4 shares. This is just over 0.97% of the total shares, with a market valuation of $99.28 million. Data from the same date shows that the other fund manager holds a little less at 355.4, or 0.38% of the shares, all valued at about 38.89 million.