Why NASDAQ:FUTU qualifies as a high growth stock.

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.

Why NASDAQ:FUTU may be interesting for canslim investors.

• The quarterly earnings of FUTU HOLDINGS LTD-ADR have shown a 20.05% increase compared to the previous quarter, as revealed in the recent financial report. This growth signifies positive momentum in the company's financials, pointing towards a promising upward trend
• The quarter-to-quarter (Q2Q) revenue growth of 29.65% of FUTU HOLDINGS LTD-ADR has been strong, reflecting the company's ability to generate consistent sales growth. This growth suggests the company's ability to meet customer needs and drive revenue growth.
• FUTU HOLDINGS LTD-ADR has experienced 69.04% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• FUTU HOLDINGS LTD-ADR demonstrates a strong Return on Equity(ROE) of 17.43%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. FUTU HOLDINGS LTD-ADR shows promising potential for continued success.
• The Relative Strength (RS) of FUTU HOLDINGS LTD-ADR has consistently been strong, with a current 93.03 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. FUTU HOLDINGS LTD-ADR demonstrates promising potential for sustained price momentum.
• Maintaining a Debt-to-Equity ratio of 0.23, FUTU HOLDINGS LTD-ADR demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
• With 25.22% of the total shares held by institutional investors, FUTU HOLDINGS LTD-ADR showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Technical analysis of NASDAQ:FUTU

ChartMill assigns a Technical Rating to every stock. This score ranges from 0 to 10 and is updated daily. The score is determined by evaluating multiple technical indicators and properties.

Overall FUTU gets a technical rating of 5 out of 10. In the last year, FUTU was one of the better performers, but we do observe some doubts in the very recent evolution.

• Looking at the yearly performance, FUTU did better than 93% of all other stocks.
• FUTU is one of the better performing stocks in the Capital Markets industry, it outperforms 93% of 220 stocks in the same industry.
• The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
• FUTU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FUTU is lagging the market.

Check the latest full technical report of FUTU for a complete technical analysis.

What else is there to say on the fundamentals of 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.

FUTU gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 220 industry peers in the Capital Markets industry. While FUTU has a great profitability rating, there are quite some concerns on its financial health. FUTU is not overvalued while it is showing excellent growth. This is an interesting combination.

For an up to date full fundamental analysis you can check the fundamental report of FUTU

More growth stocks can be found in our CANSLIM screen.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.