Quick Update for FUTU Investors

Shares of Futu have moved -15.3% today, and are now trading at a price of $29.6. In contrast, the S&P 500 index saw a 0.5% change and the Dow Industrial Average posted a -0.2% performance. Today's trading volume is 5,933,969 compared to the stock's average volume of 2,176,964.

Futu Holdings Limited operates an online brokerage and wealth management platform in Hong Kong and internationally. Based in Hong Kong, the company has 2,318 full time employees and a market cap of $4,341,491,200.

The company is now trading -82.23% away from its average analyst target price of $166.61 per share. The 17 analysts following the stock have set target prices ranging from $120.46 to $255.01, and on average give Futu a rating of strong buy.

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The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.