Stocks of Futu Holdings Ltd ADR (NASDAQ:FUTU) traded higher last session on Wall Street, up 0.77% to $143.49.
FUTU stock price is now 27.87% away from the 50-day moving average and 44.91% away from the 200-day moving average. The market capitalization of the company currently stands at $16.18B.
With the price target enhanced from $79 to $95, Citigroup Downgraded its rating from Buy to Neutral for Futu Holdings Ltd ADR (NASDAQ: FUTU). On November 18, 2024, Morgan Stanley Upgraded its previous ‘Equal-Weight’ rating to ‘Overweight’ on the stock increasing its target price from $70 to quote $115, while ‘JP Morgan’ rates the stock as ‘Overweight’
In other news, XU LI, Senior Vice President bought 94,000 shares of the company’s stock on Jun 18 ’25. The stock was bought for $11,438,860 at an average price of $121.69. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 09 ’24, Senior Vice President XU LI bought 144,311 shares of the business’s stock. A total of $12,016,777 was incurred on buying the stock at an average price of $83.27. A total of 4.13% of the company’s stock is owned by insiders.
During the past 12 months, Futu Holdings Ltd ADR has had a low of $50.61 and a high of $143.79. As of last week, the company has a debt-to-equity ratio of 0.37, a current ratio of 1.18, and a quick ratio of 1.18. According to the stock market information, the enterprise value for the company is $53623992320, which is based on a 23.95 price-to-earnings ratio, a 1.04 price-to-earnings-growth ratio, and a beta of 0.47. The fifty day moving average price for FUTU is $112.2141 and a two-hundred day moving average price translates $99.609276 for the stock.
The latest earnings results from Futu Holdings Ltd ADR (NASDAQ: FUTU) was released for 2025-03-31. The net profit margin was 41.75% and return on equity was 23.44% for FUTU. The company reported revenue of $603.43 million for the quarter, compared to $331.27 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 82.16 percent.
