Time to Buy Beat-Down Futu Holdings Limited (FUTU) Stock? Here is the INSIGHT – Invest Chronicle

Time to Buy Beat-Down Futu Holdings Limited (FUTU) Stock? Here is the INSIGHT

At the end of the latest market close, Futu Holdings Limited (FUTU) was valued at $119.77. In that particular session, Stock kicked-off at the price of $127.71 while reaching the peak value of $128.395 and lowest value recorded on the day was $118.80. The stock current value is $124.36.

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Recently in News on May 10, 2021, Futu Clearing Inc. Secures $400M to Expand US Operations. Today Futu Clearing Inc. announced it received a strategic capital injection in the amount of $400 million from its parent company, Futu Holdings, Ltd (Nasdaq: FUTU). As the backbone that facilitates trading of US equities for clients across the globe, Futu Clearing is one of the first recipients of Futu Holdings’ strategic investments in international expansion. You can read further details here


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Futu Holdings Limited had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $204.25 on 02/10/21, with the lowest value was $47.02 for the same time period, recorded on 01/04/21.

Futu Holdings Limited (FUTU) full year performance was 899.75%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Futu Holdings Limited shares are logging -39.11% during the 52-week period from high price, and 949.45% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $11.85 and $204.25.

The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 4889153 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Futu Holdings Limited (FUTU) recorded performance in the market was 161.79%, having the revenues showcasing -6.43% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 18.15B, as it employees total of 1315 workers.

Futu Holdings Limited (FUTU) in the eye of market guru’s

During the last month, 10 analysts gave the Futu Holdings Limited a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 120.72, with a change in the price was noted +80.31. In a similar fashion, Futu Holdings Limited posted a movement of +193.15% for the period of last 100 days, recording 9,319,231 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for FUTU is recording 1.32 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Futu Holdings Limited (FUTU): Stocks Technical analysis and Trends

Raw Stochastic average of Futu Holdings Limited in the period of last 50 days is set at 28.15%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 14.00%. In the last 20 days, the company’s Stochastic %K was 7.41% and its Stochastic %D was recorded 11.15%.

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If we look into the earlier routines of Futu Holdings Limited, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 161.79%. Additionally, trading for the stock in the period of the last six months notably improved by 259.02%, alongside a boost of 899.75% for the period of the last 12 months. The shares increased approximately by -18.59% in the 7-day charts and went up by -23.57% in the period of the last 30 days. Common stock shares were lifted by -6.43% during last recorded quarter.

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