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Futu Holdings Stock Is 9% Up At Session Start On Wednesday

(VIANEWS) – Shares of Futu Holdings (NASDAQ: FUTU) rose 9.13% to $48.04 at 10:39 EST on Wednesday, after two consecutive sessions in a row of losses. NASDAQ is rising 0.25% to $14,389.38, after two sequential sessions in a row of gains. This seems, up to now, a somewhat up trend exchanging session today.

Futu Holdings’s last close was $44.02, 39.03% under its 52-week high of $72.20.

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 Hong Kong, Hong Kong.

Earnings Per Share

As for profitability, Futu Holdings has a trailing twelve months EPS of $3.23.

PE Ratio

Futu Holdings has a trailing twelve months price to earnings ratio of 14.87. Meaning, the purchaser of the share is investing $14.87 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 16.67%.

Yearly Top and Bottom Value

Futu Holdings’s stock is valued at $48.04 at 10:39 EST, way under its 52-week high of $72.20 and way above its 52-week low of $28.00.

Moving Average

Futu Holdings’s worth is way above its 50-day moving average of $40.83 and higher than its 200-day moving average of $46.33.

Revenue Growth

Year-on-year quarterly revenue growth grew by 47.9%, now sitting on 8.09B for the twelve trailing months.

More news about Futu Holdings (FUTU).

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