Futu Holdings Ltd ADR (NASDAQ: FUTU) on Tuesday, soared 0.04% from the previous trading day, before settling in for the closing price of $92.33. Within the past 52 weeks, FUTU’s price has moved between $43.61 and $130.50.
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Annual sales at Financial sector company grew by 79.62% over the past five years. The company achieved an average annual earnings per share of 20.40%. With a float of $87.31 million, this company’s outstanding shares have now reached $93.35 million.
Let’s look at the performance matrix of the company that is accounted for 3213 employees. 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 and Institutional Ownership
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 29.93%. The most recent insider transaction that took place on Sep 26 ’24, was worth 200,000,000.
Futu Holdings Ltd ADR (FUTU) Latest Financial update
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 20.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.98% 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 6.28.
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 5.98 in one year’s time.
Technical Analysis of Futu Holdings Ltd ADR (FUTU)
Futu Holdings Ltd ADR (NASDAQ: FUTU) saw its 5-day average volume 4.4 million, a positive change from its year-to-date volume of 2.27 million. As of the previous 9 days, the stock’s Stochastic %D was 22.28%. Additionally, its Average True Range was 8.05.
During the past 100 days, Futu Holdings Ltd ADR’s (FUTU) raw stochastic average was set at 51.55%, which indicates a significant increase from 13.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 89.91% in the past 14 days, which was higher than the 65.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $77.81, while its 200-day Moving Average is $64.89. Nevertheless, the first resistance level for the watch stands at $95.26 in the near term. At $98.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $100.10. If the price goes on to break the first support level at $90.41, it is likely to go to the next support level at $88.45. The third support level lies at $85.57 if the price breaches the second support level.
Futu Holdings Ltd ADR (NASDAQ: FUTU) Key Stats
Market capitalization of the company is 8.63 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.
