In the last trading session, 1.38 million shares of the Futu Holdings Ltd ADR (NASDAQ:FUTU) were traded, and its beta was 0.64. Most recently the company’s share price was $107.99, and it changed around $0.23 or 0.21% from the last close, which brings the market valuation of the company to $10.09B. FUTU currently trades at a discount to its 52-week high of $130.88, offering almost -21.2% off that amount. The share price’s 52-week low was $50.61, which indicates that the current value has risen by an impressive 53.13% since then. We note from Futu Holdings Ltd ADR’s average daily trading volume that its 10-day average is 2.85 million shares, with the 3-month average coming to 2.70 million.
Futu Holdings Ltd ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.33. If we narrow it down even further, the data shows that 0 out of 15 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 2 recommended FUTU as a Hold, whereas 9 deemed it a Buy, and 0 rated it as Underweight.
Futu Holdings Ltd ADR (NASDAQ:FUTU) trade information
Instantly FUTU has showed a green trend with a performance of 0.21% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 118.34 on recent trading dayincreased the stock’s daily price by 8.75%. The company’s shares are currently up 35.00% year-to-date, but still down -5.66% over the last five days. On the other hand, Futu Holdings Ltd ADR (NASDAQ:FUTU) is -2.08% down in the 30-day period. We can see from the shorts that 3.97 million shares have been sold at a short interest cover period of 1.2 day(s).
The consensus price target as assigned by Wall Street analysts is $112.1, which translates to bulls needing to increase their stock price by 3.67% from its current value. Analyst projections state that FUTU is forecast to be at a low of $108 and a high of $118.4.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 95.27%. Futu Holdings Ltd ADR earnings are expected to increase by 32.50% in 2025, but the outlook is positive 22.41% per year for the next five years.
FUTU Dividends
Futu Holdings Ltd ADR’s next quarterly earnings report is expected to be released on 2025-Mar-12.
Futu Holdings Ltd ADR (NASDAQ:FUTU)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 16.16% of Futu Holdings Ltd ADR shares, and 38.89% of them are in the hands of institutional investors. The stock currently has a share float of 46.39%. Futu Holdings Ltd ADR stock is held by 476.0 institutions, with ASPEX MANAGEMENT (HK) LTD being the largest institutional investor. By 2024-06-30, it held 3.1681% of the shares, which is about 4.44 million shares worth $291.6 million.
MORGAN STANLEY, with 2.6385% or 3.7 million shares worth $242.86 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Price (T.Rowe) Emerging Markets Discovery Stock Trust and T. Rowe Price Emerging Markets Discovery Stock Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 759.1 shares worth $81.97 million, making up 0.81% of all outstanding shares. On the other hand, T. Rowe Price Emerging Markets Discovery Stock Fund held roughly 507.9 shares worth around $54.85 million, which represents about 0.54% of the total shares outstanding.
