Mid-cap Finance company Futu has moved 6.5% so far today on a volume of 2,521,414, compared to its average of 1,854,785.
Futu trades -12.42% away from its average analyst target price of $56.5 per share. The 18 analysts following the stock have set target prices ranging from $32.11 to $73.91, and on average have given Futu a rating of buy.
Anyone interested in buying FUTU should be aware of the facts below:
-
Futu's current price is -71.3% below its Graham number of $172.38, which implies the stock has a margin of safety
-
Based on its trailing earnings per share of 3.44, Futu has a trailing 12 month Price to Earnings (P/E) ratio of 14.4 while the S&P 500 average is 15.97
-
FUTU has a forward P/E ratio of 12.4 based on its forward 12 month price to earnings (EPS) of $3.99 per share
-
The company has a price to earnings growth (PEG) ratio of 64.82 — a number near or below 1 signifying that Futu is fairly valued compared to its estimated growth potential
-
Its Price to Book (P/B) ratio is 0.31 compared to its sector average of 1.57
-
Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally.
-
Based in Sheung Wan, the company has 2,784 full time employees and a market cap of $6.91 Billion.