Futu Holdings Ltd ADR (FUTU) volume exceeds 4.95 million: A new investment opportunity for investors

On Monday, Futu Holdings Ltd ADR (NASDAQ: FUTU) opened higher 7.83% from the last session, before settling in for the closing price of $94.51. Price fluctuations for FUTU have ranged from $43.61 to $130.50 over the past 52 weeks.

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Financial Sector giant saw their annual sales surged by 79.62% over the last five years. Company’s average yearly earnings per share was noted 19.69% at the time writing. With a float of $87.71 million, this company’s outstanding shares have now reached $93.35 million.

The firm has a total of 3213 workers. Let’s measure their productivity. 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) Breakdown of a Key Holders of the stock

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 6.60%, while institutional ownership is 29.88%. The most recent insider transaction that took place on Sep 26 ’24, was worth 200,000,000.

Futu Holdings Ltd ADR (FUTU) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 1.06 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.3 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 19.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.26% 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

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 6.93.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.87, a number that is poised to hit 1.25 in the next quarter and is forecasted to reach 5.95 in one year’s time.

Technical Analysis of Futu Holdings Ltd ADR (FUTU)

Analysing the last 5-days average volume posted by the [Futu Holdings Ltd ADR, FUTU], we can find that recorded value of 5.09 million was better than the volume posted last year of 2.35 million. As of the previous 9 days, the stock’s Stochastic %D was 48.26%. Additionally, its Average True Range was 7.82.

During the past 100 days, Futu Holdings Ltd ADR’s (FUTU) raw stochastic average was set at 63.67%, which indicates a significant increase from 60.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 91.36% in the past 14 days, which was higher than the 73.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $87.56, while its 200-day Moving Average is $68.28. Now, the first resistance to watch is $104.67. This is followed by the second major resistance level at $107.42. The third major resistance level sits at $112.88. If the price goes on to break the first support level at $96.46, it is likely to go to the next support level at $91.00. Now, if the price goes above the second support level, the third support stands at $88.25.

Futu Holdings Ltd ADR (NASDAQ: FUTU) Key Stats

There are currently 137,794K shares outstanding in the company with a market cap of 9.53 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 400,730 K and its income totaled 155,240 K.