Futu Holdings Ltd ADR (NASDAQ: FUTU) on Tuesday, plunged -1.25% from the previous trading day, before settling in for the closing price of $59.18. Within the past 52 weeks, FUTU’s price has moved between $43.61 and $81.86.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Financial sector has jumped its sales by 79.62% annually for the last half of the decade. The company achieved an average annual earnings per share of 15.76%. With a float of $87.18 million, this company’s outstanding shares have now reached $93.35 million.
In an organization with 3213 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 82.17%, operating margin of 46.69%, and the pretax margin is 46.28%.
Futu Holdings Ltd ADR (FUTU) Insider Updates
Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of Futu Holdings Ltd ADR is 6.60%, while institutional ownership is 29.72%.
Futu Holdings Ltd ADR (FUTU) Performance Highlights and Predictions
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.06 earnings per share (EPS) for the period topping the consensus outlook (set at 1) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.87 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.21% during the next five years compared to 157.52% growth over the previous five years of trading.
Futu Holdings Ltd ADR (NASDAQ: FUTU) Trading Performance Indicators
Futu Holdings Ltd ADR (FUTU) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.97.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.87, a number that is poised to hit 1.23 in the next quarter and is forecasted to reach 5.32 in one year’s time.
Technical Analysis of Futu Holdings Ltd ADR (FUTU)
Let’s dig in a bit further. During the last 5-days, its volume was 0.81 million. That was inferior than the volume of 1.43 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 7.52%. Additionally, its Average True Range was 2.23.
During the past 100 days, Futu Holdings Ltd ADR’s (FUTU) raw stochastic average was set at 22.09%, which indicates a significant increase from 1.66% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.57% in the past 14 days, which was lower than the 48.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $62.16, while its 200-day Moving Average is $59.55. However, in the short run, Futu Holdings Ltd ADR’s stock first resistance to watch stands at $58.99. Second resistance stands at $59.54. The third major resistance level sits at $59.86. If the price goes on to break the first support level at $58.12, it is likely to go to the next support level at $57.80. Assuming the price breaks the second support level, the third support level stands at $57.25.
Futu Holdings Ltd ADR (NASDAQ: FUTU) Key Stats
Market capitalization of the company is 5.46 billion based on 137,790K outstanding shares. Right now, sales total 1,281 M and income totals 548,140 K. The company made 400,730 K in profit during its latest quarter, and 155,240 K in sales during its previous quarter.
