Shares of Financial Services sector company Futu moved 3.4% today, and are now trading at a price of $52.32. The mid-cap stock's daily volume was 3,679,368 compared to its average volume of 2,435,654. The S&P 500 index returned a -0.5% performance.
Futu Holdings Limited operates an online brokerage and wealth management platform in Hong Kong and internationally. The company is based in Hong Kong and has 2,318 full time employees. Its market capitalization is $7,690,621,440.
20 analysts are following Futu and have set target prices ranging from $40.11 to $72.01 per share. On average, they have given the company a rating of buy. At today's prices, FUTU is trading -8.58% away from its average analyst target price of $57.23 per share.
Over the last year, FUTU shares have gone down by -8.2%, which represents a difference of 7.2% when compared to the S&P 500. The stock's 52 week high is $57.76 per share and its 52 week low is $21.23. With average free cash flows of $8,164,013,000.0 that have been growing at an average rate of 291.1% over the last four years, Futu's declining stock performance may not be reflective of the quality of its underlying business.