Here's What We Know About Futu Stock

By Chris Stiles • Thursday, July 06 15:03 • Permanent Link

Mid-cap Finance company Futu has logged a -6.0% change today on a trading volume of 1,368,486. The average volume for the stock is 1,797,841.

Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. Based in Hong Kong, Hong Kong the company has 2,784 full time employees and a market cap of $5,522,378,752.

The company is now trading -30.07% away from its average analyst target price of $56.56 per share. The 18 analysts following the stock have set target prices ranging from $32.15 to $74.01, and on average give Futu a rating of buy.

The stock's 52 week high is $72.2 per share and its 52 week low is $28.0. Based on Futu's average net margin growth of 20.1% over the last 4 years, its core business remains strong and the stock price may recover in the long term.

Date Reported	Total Revenue ($ k)	Net Profit ($ k)	Net Margins (%)	YoY Growth (%)
2022-12-31	6,617,895	2,926,944	44.23	-7.0
2021-12-31	5,909,256	2,810,210	47.56	-6.17
2020-12-31	2,614,868	1,325,523	50.69	138.65
2019-12-31	779,851	165,664	21.24	n/a

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.