Shares of Finance sector company Futu moved 4.1% today, and are now trading at a price of $85.86. The Large-Cap stock's daily volume was 1,399,850 compared to its average volume of 5,081,453. The S&P 500 index returned a -1.0% performance.
Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. The company is based in Sheung Wan and has 3,213 full time employees. Its market capitalization is $11,842,069,504.
Over the last year, FUTU's share price has increased by 56.1%, which represents a difference of 28.7% when compared to the S&P 500. The stock's 52 week high is $130.5 per share whereas its 52 week low is $43.61. Futu's average free cash flow over the last 4 years has been $648.91 Million, but they have been decreasing at an average rate of -28.1%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | -811,352 | 9,956 | -821,308 | -289.32 |
| 2022 | 445,417 | 11,603 | 433,814 | -43.05 |
| 2021 | 770,803 | 9,033 | 761,770 | -71.06 |
| 2020 | 2,638,392 | 5,759 | 2,632,633 | 1007.82 |
| 2019 | 252,834 | 15,193 | 237,641 |
