Futu Holdings Stock News

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Futu Holdings Ltd - ADR (FUTU) shares closed today 10.6% higher than it did at the end of yesterday. The stock is currently down 9.7% year-to-date, down 60.7% over the past 12 months, and up 155.2% over the past five years. Today, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 1.8%. Trading Activity Shares traded as high as $44.48 and as low as $36.40 this week.Shares closed 78.8% below its 52-week high and 26.8% above its 52-week low.Trading volume this week was 0.0% higher than the 10-day average and 19.5% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.7. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and beats it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and beats it on a 5-year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 204.2% The company's stock price performance over the past 12 months lags the peer average by 1223.8% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Futu Holdings Ltd - ADR (FUTU) shares closed this week 21.6% lower than it did at the end of last week. The stock is currently down 11.3% year-to-date, down 60.1% over the past 12 months, and up 150.7% over the past five years. This week, the Dow Jones Industrial Average fell 1.6%, and the S&P 500 fell 3.5%. Trading Activity Shares traded as high as $44.48 and as low as $36.40 this week.Shares closed 80.9% below its 52-week high and 14.6% above its 52-week low.Trading volume this week was 32.3% lower than the 10-day average and 34.0% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.8. Technical Indicators The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 3.9% lower than its 5-day moving average, 8.7% lower than its 20-day moving average, and 31.3% lower than its 90-day moving average. Market Comparative Performance The company's share price lags the S&P 500 Index this week, lags it on a 1-year basis, and beats it on a 5-year basis The company's share price lags the Dow Jones Industrial Average this week, lags it on a 1-year basis, and beats it on a 5-year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by 261.8% The company's stock price performance over the past 12 months lags the peer average by -1774.1% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Easy to beat up on tech stocks on a day like today.

Chinese companies have faced heavy scrutiny from regulators in the U.S. and China.

Chinese companies have faced heavy scrutiny from regulators in the U.S. and China.

Following the market opening Friday, the Dow traded down 0.06% to 36,216.38 while the NASDAQ rose 0.33% to 15,131.37. The S&P also rose, gaining, 0.10% to 4,700.67. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 59,564,110 cases with around 855,840 deaths. India confirmed a total of at least 35,226,380 cases and 483,170 deaths, while Brazil reported over 22,395,320 COVID-19 cases with 619,730 deaths. In total, there were at least 301,006,860 cases of COVID-19 worldwide with more than 5,491,880 deaths. Leading and Lagging Sectors Financials shares climbed 0.6% on Friday. Meanwhile, top gainers in the sector included Norwood Financial Corp. (NASDAQ: NWFL ), up 8% and Futu Holdings Limited (NASDAQ: FUTU ) up 8%. In trading on Friday, health care shares fell 0.5%. Top Headline The US economy added just 199,000 jobs in December, well below analysts estimates of 422,000. The unemployment rate, however, dropped to 3.9%, the lowest since February 2020.

Since February, FUTU's share price fell by 80%; the company appears to be cheaply valued now. What is more, the operations are running great as the very profitable business has grown by over 500% sinc

Futu Holdings Limited (NASDAQ:FUTU) dropped 5.7% during trading on Wednesday . The company traded as low as $39.75 and last traded at $40.00. Approximately 117,568 shares changed hands during trading, a decline of 98% from the average daily volume of 7,498,208 shares. The stock had previously closed at $42.42. Several equities research analysts recently issued []

TheStreet cut shares of Futu (NASDAQ:FUTU) from a c- rating to a d+ rating in a report published on Tuesday, TheStreetRatingsTable reports. A number of other research firms have also recently weighed in on FUTU. CLSA assumed coverage on shares of Futu in a research report on Tuesday, October 19th. They issued a buy rating []

Nasdaq-listed brokerage and wealth management firm, Futu Holdings recently announced the successful acquisition of an Australia-based subsidiary, Futu Securities Australia.

HONG KONG, Dec. 19, 2021 (GLOBE NEWSWIRE) -- Futu Holdings Limited (Futu or the Company) (Nasdaq: FUTU), a leading tech-driven online brokerage and wealth management platform, today announced that it had successfully acquired an Australian-based subsidiary, Futu Securities (Australia) Ltd. Futu Securities (Australia) Ltd holds an Australian Financial Services License (AFSL). The

Futu Holdings Limited (NASDAQ:FUTU) with the stream of 4.66% also noticed, India Devon Energy Corporation (NYSE:DVN) encountered a rapid change of -2.87% in the last hour of Fridays trading session. The post Sector Percentage Losers: Futu Holdings Limited (NASDAQ:FUTU), Devon Energy Corporation (NYSE:DVN) appeared first on Stocks Equity .

HONG KONG, Dec 17 (Reuters) Chinese officials are planning to ban online brokerages such as Futu Holdings Ltd (FUTU.O) and UP Fintech Holding Ltd from offering offshore trading services to mainland clients, the latest development in a broad regulatory crackdown that has roiled a wide range of sectors over the past year. The Nasdaq-listed Chinese firms []

China To Tighten Regulations On FinTech Brokers Futu Holdings Ltd and UP Fintech Holding Ltd plunged premarket Friday after a Reuters report said Chinese regulators are preparing to crack down on the digital brokerage companies. Reuters said the brokerages would likely be notified of a platform ban, blocking mainland China customers from investing in foreign markets in "the coming months." Regulators are worried about data security risks to mainland customers who have to enter their ID cards, bank cards, and tax records to use the platforms. They''re also concerned about capital outflows. The Nasdaq-listed Chinese brokerages were down considerably in the premarket hours. Futu is down more than 9% and Up Fintech -12%. In October, state-run media People''s Daily said these brokerages collect large amounts of personal data were at risk of being acquired by the U.S. Securities and Exchange Commission. Futu responded to the Reuters report by calling it "media speculations" about future policies damaging its business. "The company has been operating steadily and will continue to serve existing and new clients," Futu said.