(VIANEWS) – Shares of Futu Holdings (NASDAQ: FUTU) dropped 9.17% to $44.79 at 11:15 EST on Tuesday, after five sequential sessions in a row of gains. NASDAQ is falling 0.53% to $11,706.27, following the last session’s downward trend. This seems, as yet, a somewhat down trend exchanging session today.
Futu Holdings’s last close was $49.31, 31.7% under its 52-week high of $72.20.
About Futu Holdings
Futu Holdings Limited operates an online brokerage and wealth management platform in Hong Kong and internationally. The company provides trading, clearing, and settlement services; margin financing and securities lending services; and stock yield enhancement program. It also offers online wealth management services under the brand of Futu 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 to corporate clients under the Futu I&E brand. Futu Holdings Limited was founded in 2007 and is based in Hong Kong, Hong Kong.
Earnings Per Share
As for profitability, Futu Holdings has a trailing twelve months EPS of $1.3.
PE Ratio
Futu Holdings has a trailing twelve months price to earnings ratio of 34.5. Meaning, the purchaser of the share is investing $34.5 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 11.81%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is 32.1% and 63.6%, respectively.
Sales Growth
Futu Holdings’s sales growth is 16.1% for the present quarter and 24.4% for the next.
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