During the recent session, Futu Holdings Ltd ADR (NASDAQ:FUTU)’s traded shares were 0.75 million, with the beta value of the company hitting 0.63. At the last check today, the stock’s price was $103.50, reflecting an intraday loss of -5.63% or -$6.18. The 52-week high for the FUTU share is $130.88, that puts it down -26.45 from that peak though still a striking 51.1% gain since the share price plummeted to a 52-week low of $50.61. The company’s market capitalization is $9.68B, and the average intraday trading volume over the past 10 days was 2.62 million shares, and the average trade volume was 2.72 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 1.33. 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.
Futu Holdings Ltd ADR (NASDAQ:FUTU) trade information
Futu Holdings Ltd ADR (FUTU) registered a -5.63% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -5.63% in intraday trading to $103.50, hitting a weekly high. The stock’s 5-day price performance is -2.69%, and it has moved by -7.12% in 30 days. Based on these gigs, the overall price performance for the year is 98.50%. The short interest in Futu Holdings Ltd ADR (NASDAQ:FUTU) is 3.97 million shares and it means that shorts have 1.2 day(s) to cover.
The consensus price target of analysts on Wall Street is $112.1, which implies an increase of 7.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $108 and $118.4 respectively. As a result, FUTU is trading at a discount of -14.4% off the target high and -4.35% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 95.27%. While earnings are projected to return 32.77% in 2025, the next five years will return 22.03% per annum.
FUTU Dividends
Futu Holdings Ltd ADR is due to release its next quarterly earnings on 2025-Mar-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Futu Holdings Ltd ADR (NASDAQ:FUTU)’s Major holders
Futu Holdings Ltd ADR insiders own 16.16% of total outstanding shares while institutional holders control 38.87%, with the float percentage being 46.36%. ASPEX MANAGEMENT (HK) LTD is the largest shareholder of the company, while 476.0 institutions own stock in it. As of 2024-06-30, the company held over 4.44 million shares (or 3.1681% of all shares), a total value of $291.6 million in shares.
The next largest institutional holding, with 3.7 million shares, is of MORGAN STANLEY’s that is approximately 2.6385% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $242.86 million.
Also, the Mutual Funds coming in first place with the largest holdings of Futu Holdings Ltd ADR (FUTU) shares are -Price (T.Rowe) Emerging Markets Discovery Stock Trust and T. ROWE PRICE Intl Fd.S, INC.-T. Rowe Price Emerging Markets Discovery. Data provided on Dec 31, 2024 indicates that -Price (T.Rowe) Emerging Markets Discovery Stock Trust owns about 759.1 shares. This amounts to just over 0.81 percent of the company’s overall shares, with a $79.33 million market value. The same data shows that the other fund manager holds slightly less at 507.9, or about 0.54% of the stock, which is worth about $53.08 million.
