Laurion Capital Management LP purchased a new position in Futu Holdings Ltd (NASDAQ:FHL) in the first quarter, HoldingsChannel reports. The firm purchased 20,000 shares of the company’s stock, valued at approximately $370,000.
Shares of NASDAQ:FHL opened at $11.53 on Friday. Futu Holdings Ltd has a 12 month low of $10.29 and a 12 month high of $19.28.
A number of brokerages recently commented on FHL. UBS Group began coverage on shares of Futu in a report on Wednesday, April 3rd. They issued a “neutral” rating for the company. Goldman Sachs Group began coverage on shares of Futu in a report on Tuesday, April 2nd. They issued a “neutral” rating and a $17.62 price target for the company.
Futu Company Profile
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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