The price-to-earnings ratio for Futu Holdings Ltd ADR (NASDAQ: FUTU) is above average at 21.12x, Company’s 36-month beta value is 0.72.Analysts have differing opinions on the stock, with 10 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for FUTU is 87.86M, and currently, short sellers hold a 5.64% ratio of that floaft. The average trading volume of FUTU on December 17, 2024 was 5.14M shares.
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FUTU) stock’s latest price update
The stock price of Futu Holdings Ltd ADR (NASDAQ: FUTU) has jumped by 4.44 compared to previous close of 82.45. Despite this, the company has seen a fall of -1.00% in its stock price over the last five trading days. seekingalpha.com reported 2024-12-12 that Futu Holdings is a strong buy due to impressive revenue and net income growth, despite regulatory challenges in mainland China. The company’s international expansion under the Moomoo brand has diversified its revenue streams and reduced its dependence on the Chinese market. Futu’s operating leverage and solid balance sheet, combined with a low forward PE ratio, present a compelling investment opportunity.
FUTU’s Market Performance
Futu Holdings Ltd ADR (FUTU) has experienced a -1.00% fall in stock performance for the past week, with a -1.05% drop in the past month, and a 48.11% rise in the past quarter. The volatility ratio for the week is 4.86%, and the volatility levels for the past 30 days are at 4.38% for FUTU. The simple moving average for the past 20 days is 1.11% for FUTU’s stock, with a 20.68% simple moving average for the past 200 days.
Analysts’ Opinion of FUTU
Many brokerage firms have already submitted their reports for FUTU stocks, with Citigroup repeating the rating for FUTU by listing it as a “Neutral.” The predicted price for FUTU in the upcoming period, according to Citigroup is $95 based on the research report published on November 19, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see FUTU reach a price target of $115, previously predicting the price at $70. The rating they have provided for FUTU stocks is “Overweight” according to the report published on November 18th, 2024.
JP Morgan gave a rating of “Overweight” to FUTU, setting the target price at $92 in the report published on May 28th of the current year.
FUTU Trading at -5.28% from the 50-Day Moving Average
After a stumble in the market that brought FUTU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.46% of loss for the given period.
Volatility was left at 4.38%, however, over the last 30 days, the volatility rate increased by 4.86%, as shares sank -7.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.93% lower at present.
During the last 5 trading sessions, FUTU fell by -2.07%, which changed the moving average for the period of 200-days by +52.76% in comparison to the 20-day moving average, which settled at $86.31. In addition, Futu Holdings Ltd ADR saw 61.34% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FUTU starting from XU LI, who proposed sale 144,311 shares at the price of $83.27 back on Dec 09 ’24. After this action, XU LI now owns shares of Futu Holdings Ltd ADR, valued at $12,016,777 using the latest closing price.
Huang River Investment Limited, the Shareholder of Futu Holdings Ltd ADR, proposed sale 20,645,160 shares at $9.69 during a trade that took place back on Sep 26 ’24, which means that Huang River Investment Limited is holding shares at $200,000,000 based on the most recent closing price.
Stock Fundamentals for FUTU
Current profitability levels for the company are sitting at:
- 0.49 for the present operating margin
- 0.85 for the gross margin
The net margin for Futu Holdings Ltd ADR stands at 0.4. The total capital return value is set at 0.19. Equity return is now at value 17.09, with 3.70 for asset returns.
Currently, EBITDA for the company is 5.18 billion with net debt to EBITDA at -0.86. When we switch over and look at the enterprise to sales, we see a ratio of 2.37. The receivables turnover for the company is 0.18for trailing twelve months and the total asset turnover is 0.08.
Conclusion
In a nutshell, Futu Holdings Ltd ADR (FUTU) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
