Futu Holdings Ltd ADR (NASDAQ: FUTU) on Tuesday, soared 3.34% from the previous trading day, before settling in for the closing price of $75.13. Within the past 52 weeks, FUTU’s price has moved between $42.61 and $127.49.
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
Annual sales at Financial sector company grew by 91.80% over the past five years. The company achieved an average annual earnings per share of 23.20%. With a float of $87.86 million, this company’s outstanding shares have now reached $93.48 million.
Let’s look at the performance matrix of the company that is accounted for 3213 employees. In terms of profitability, gross margin is 84.53%, operating margin of 48.67%, and the pretax margin is 47.24%.
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 6.01%, while institutional ownership is 32.63%. The most recent insider transaction that took place on Dec 09 ’24, was worth 12,016,777. Before that another transaction happened on Sep 26 ’24, when Company’s Shareholder proposed sale 20,645,160 for $9.69, making the entire transaction worth $200,000,000.
Futu Holdings Ltd ADR (FUTU) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.39% 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 4.92.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.08, a number that is poised to hit 1.43 in the next quarter and is forecasted to reach 6.22 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 1.54 million, a negative change from its year-to-date volume of 1.69 million. As of the previous 9 days, the stock’s Stochastic %D was 23.59%. Additionally, its Average True Range was 3.80.
During the past 100 days, Futu Holdings Ltd ADR’s (FUTU) raw stochastic average was set at 28.84%, which indicates a significant decrease from 29.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.00% in the past 14 days, which was lower than the 80.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $86.97, while its 200-day Moving Average is $75.02. Nevertheless, the first resistance level for the watch stands at $79.03 in the near term. At $80.43, the stock is likely to face the second major resistance level. The third major resistance level sits at $81.39. If the price goes on to break the first support level at $76.67, it is likely to go to the next support level at $75.71. Assuming the price breaks the second support level, the third support level stands at $74.31.
Futu Holdings Ltd ADR (NASDAQ: FUTU) Key Stats
Market capitalization of the company is 7.26 billion based on 137,794K outstanding shares. Right now, sales total 1,281 M and income totals 548,140 K. The company made 442,270 K in profit during its latest quarter, and 170,040 K in sales during its previous quarter.
