
Meitu (1357)
4.51 HKD +0.18 (+4.16%) Volume: 207.71M
Meitu’s stock price has seen a notable surge, currently trading at 4.51 HKD with a significant uptick of +4.16% this trading session. The trading volume stands at a robust 207.71M, reflecting the high investor interest. With an impressive year-to-date percentage change of +51.85%, Meitu (1357) continues to demonstrate strong performance in the market.
Latest developments on Meitu
Meitu Inc. (HKG:1357) saw a significant increase in its market cap last week, rising by HK$593m. This positive movement benefitted both retail investors, who hold 46% of the company’s shares, and insiders. The company also announced strong profit growth driven by AI innovations, with adjusted net profit expected to rise by a maximum of 60% year-over-year. These developments have fueled a rally in Meitu’s stock price, which surged by 8.31% in response to the promising financial outlook.
A look at Meitu Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Meitu Inc, a company that specializes in mobile application software and image editing, has received positive scores in Growth and Momentum from Smartkarma Smart Scores. This indicates a promising long-term outlook for the company in terms of its potential for expansion and market performance. With a strong focus on developing innovative technologies and capturing market trends, Meitu Inc is well-positioned to continue its growth trajectory in the future.
Additionally, Meitu Inc has also scored well in Dividend, showing its commitment to rewarding shareholders. While Value and Resilience scores are moderate, the company’s strong performance in Growth and Momentum suggests that it is poised for sustained success in the competitive tech industry. As Meitu Inc continues to innovate and expand its offerings in mobile designing and retailing, investors can look forward to potential growth opportunities in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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