On Tuesday, Futu Holdings Ltd ADR (NASDAQ: FUTU) opened higher 3.00% from the last session ,before settling in for the closing price of $57.71. Price fluctuations for FUTU have ranged from $35.91 to $67.49 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 79.62%. Company’s average yearly earnings per share was noted 11.45% at the time writing. With a float of $89.24 million, this company’s outstanding shares have now reached $92.09 million.
Futu Holdings Ltd ADR (FUTU) Insider Updates
A key investor’s attitude towards the stock of the Capital Markets industry is another important factor to consider. The insider ownership of Futu Holdings Ltd ADR is 3.09%, while institutional ownership is 26.48%.
Futu Holdings Ltd ADR (FUTU) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.87 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.96) by -$0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.86 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.91% during the next five years compared to 157.47% growth over the previous five years of trading.
Futu Holdings Ltd ADR (NASDAQ: FUTU) Trading Performance Indicators
Check out the current performance indicators for Futu Holdings Ltd ADR (FUTU). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.91, a number that is poised to hit 0.58 in the next quarter and is forecasted to reach 4.95 in one year’s time.
Technical Analysis of Futu Holdings Ltd ADR (FUTU)
The latest stats from [Futu Holdings Ltd ADR, FUTU] show that its last 5-days average volume of 0.71 million was inferior to 1.48 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 88.67%. Additionally, its Average True Range was 2.15.
During the past 100 days, Futu Holdings Ltd ADR’s (FUTU) raw stochastic average was set at 72.51%, which indicates a significant decrease from 92.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.49% in the past 14 days, which was lower than the 47.96% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.31, while its 200-day Moving Average is $53.58. Now, the first resistance to watch is $60.34. This is followed by the second major resistance level at $61.24. The third major resistance level sits at $62.52. If the price goes on to break the first support level at $58.16, it is likely to go to the next support level at $56.88. Assuming the price breaks the second support level, the third support level stands at $55.98.
Futu Holdings Ltd ADR (NASDAQ: FUTU) Key Stats
There are currently 150,380K shares outstanding in the company with a market cap of 5.47 billion. Presently, the company’s annual sales total 1,281 M according to its annual income of 548,140 K. Last quarter, the company’s sales amounted to 303,840 K and its income totaled 112,440 K.
