Futu Holdings Ltd ADR (NASDAQ: FUTU) Recovers 126.61% From 52-Week Low, Is FUTU Still A High-Risk, High-Reward Play?

Futu Holdings Ltd ADR (NASDAQ:FUTU) currently has a daily average trading volume of 2.85M but it saw 3645055 shares traded in last market. With a market cap of 12.93B USD, the company’s current market price of $114.68 came rising about 6.61 while comparing to the previous closing price of $107.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $130.88 and as low as $50.61.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Citigroup which downgraded the stock as “Neutral” in its note to investors issued on November 19, 2024, recommending a price target of between $79 and $95 for it. Morgan Stanley upgraded its recommendation for the stock as a “Overweight” from “Equal-Weight” on November 18, 2024 while assigning a price target range of $70-$115. JP Morgan issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $62 and $92.

Over the week, FUTU’s stock price is moving 2.27% up while it is 3.56% when we observe its performance for the past one month. Year-to-date it is 43.37% up and over the past year, the stock is showing an upside performance of 56.72%.

Currently, Futu Holdings Ltd ADR’s total number of outstanding shares is 112.76M. Company’s return on investment (ROI) stands at 21.40% and return on equity (ROE) at 23.44%. It has a price to earnings ratio (P/E ratio) of 19.14 while having a 13.88 of forward P/E ratio. Stock’s beta reads 0.56. Stock has a price to book (P/B) ratio of 4.63 while price to sale or P/S ratio amounts to 6.42. Its return on asset (ROA) is 4.55% on average.

Comet Reports
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.