Exploring growth characteristics of FUTU HOLDINGS LTD-ADR (NASDAQ:FUTU).

In this article we will dive into FUTU HOLDINGS LTD-ADR (NASDAQ:FUTU) as a possible candidate for growth investing. Investors should always do their own research, but we noticed FUTU HOLDINGS LTD-ADR showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

What matters for canslim investors.

• The recent financial report of FUTU HOLDINGS LTD-ADR demonstrates a 77.76% increase in quarterly earnings compared to the previous quarter. This growth indicates positive momentum in the company's financials and suggests a promising upward trend
• With consistent quarter-to-quarter (Q2Q) revenue growth of 42.26%, FUTU HOLDINGS LTD-ADR exemplifies its ability to generate increased sales and revenue streams. This growth signifies the company's strong business performance and its potential for continued growth.
• Over the past 3 years, FUTU HOLDINGS LTD-ADR has demonstrated 151.0% growth in EPS, signifying its positive financial trajectory and potential for future profitability.
• The Return on Equity(ROE) of FUTU HOLDINGS LTD-ADR is 17.95%, which is a strong number. This indicates the company's ability to generate favorable returns for shareholders and reflects its effective management of resources.
• FUTU HOLDINGS LTD-ADR has exhibited strong Relative Strength(RS) in recent periods, with a current 95.33 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position. FUTU HOLDINGS LTD-ADR shows promising potential for continued price momentum.
• With a Debt-to-Equity ratio at 0.2, FUTU HOLDINGS LTD-ADR showcases its prudent financial management. The company's balanced approach between debt and equity reflects its commitment to maintaining a stable capital structure.
• FUTU HOLDINGS LTD-ADR exhibits a favorable ownership structure, with an institutional shareholder ownership of 21.97%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Insights from Technical Analysis

As part of its analysis, ChartMill provides a comprehensive Technical Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various technical indicators and properties.

Overall FUTU gets a technical rating of 7 out of 10. Both in the recent history as in the last year, FUTU has proven to be a steady performer, scoring decent points in every aspect analyzed.

• The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
• Looking at the yearly performance, FUTU did better than 95% of all other stocks.
• FUTU is one of the better performing stocks in the Capital Markets industry, it outperforms 97% of 206 stocks in the same industry.
• FUTU is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so FUTU is performing more or less in line with the market.
• In the last month FUTU has a been trading in the 54.54 - 67.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Our latest full technical report of FUTU contains the most current technical analsysis.

How does the complete fundamental picture look for NASDAQ:FUTU?

ChartMill assigns a proprietary Fundamental Rating to each stock. The score is computed daily by evaluating various fundamental indicators and properties. The score ranges from 0 to 10.

We assign a fundamental rating of 6 out of 10 to FUTU. FUTU was compared to 206 industry peers in the Capital Markets industry. While FUTU belongs to the best of the industry regarding profitability, there are concerns on its financial health. FUTU is growing strongly while it is still valued neutral. This is a good combination!

Our latest full fundamental report of FUTU contains the most current fundamental analsysis.

More growth stocks can be found in our CANSLIM screen.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.