Futu (FHL) Hits New 1-Year Low at $13.94

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Shares of Futu Holdings Ltd (NASDAQ:FHL) reached a new 52-week low on Thursday . The company traded as low as $13.94 and last traded at $14.07, with a volume of 11791 shares. The stock had previously closed at $14.70.

FHL has been the subject of a number of analyst reports. UBS Group initiated coverage on shares of Futu in a report on Wednesday, April 3rd. They set a “neutral” rating for the company. Goldman Sachs Group initiated coverage on shares of Futu in a report on Tuesday, April 2nd. They set a “neutral” rating and a $17.62 target price for the company.

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Futu Company Profile (NASDAQ:FHL)

Futu Holdings Limited operates digitized brokerage platform in Hong Kong, China, Japan, the United States, and internationally. Its platform offers investing services, including trade execution and margin financing which allows to trade securities, such as stocks, warrants, options and exchange-traded funds, or ETFs, across different markets; market data and information; and securities lending services.

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