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Less Than One Hour Before The NASDAQ Open, Futu Holdings Is Down By 5%

(VIANEWS) – The NASDAQ opens in less than one hour and Futu Holdings‘s pre-market value is already 5.86% down.

Futu Holdings’s last close was $65.40, 3.1% below its 52-week high of $67.49.

The last session, NASDAQ finished with Futu Holdings (FUTU) rising 2.16% to $65.40. NASDAQ dropped 0.54% to $16,177.77, following the last session’s downward trend on what was a somewhat bearish trend trading session.

About Futu Holdings

Futu Holdings Limited provides digitalized securities brokerage and wealth management product distribution service in Hong Kong and internationally. It offers online financial services, including securities and derivative trades brokerage, margin financing and fund distribution services through its Futubull and Moomoo digital platforms. The company also provides financial information and online community services; online wealth management services under the brand of Money Plus through its Futubull and moomoo platforms, which give access to mutual funds, private funds, and bonds; market data and information services; and NiuNiu Community, which serves as an open forum for users and clients to share insights, ask questions, and exchange ideas. In addition, the company provides initial public offering subscription and employee share option plan solution services. Futu Holdings Limited was founded in 2007 and is based in Sheung Wan, Hong Kong.

Earnings Per Share

As for profitability, Futu Holdings has a trailing twelve months EPS of $3.97.

PE Ratio

Futu Holdings has a trailing twelve months price to earnings ratio of 16.47. Meaning, the purchaser of the share is investing $16.47 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 19.95%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 2.1% and a drop 29.6% for the next.

Earnings Before Interest, Taxes, Depreciation, and Amortization

Futu Holdings’s EBITDA is 6.05.

More news about Futu Holdings (FUTU).

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