Meitu’s Stock Price Drops to 5.32 HKD, Experiences a Sharp 6.01% Decline

Meitu (1357)

5.32 HKD -0.34 (-6.01%) Volume: 231.74M

Meitu’s stock price currently stands at 5.32 HKD, experiencing a decrease of -6.01% this trading session, with a high trading volume of 231.74M. Despite today’s dip, the company’s year-to-date performance remains strong with a surge of +83.32%, highlighting its robust market presence.

Latest developments on Meitu

Meitu Inc‘s stock price experienced fluctuations today after a substantial shareholder, Cai Wensheng, sold 128 million shares between February 17 and 21. This move raised questions about insider selling within the company. Despite this, CEO Wu Zeyuan reaffirmed his confidence in the company by announcing plans to add stake after the black-out period. Investors are closely monitoring these developments as they may impact Meitu’s stock performance in the near future.

A look at Meitu Smart Scores

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, has received positive ratings in several key areas according to Smartkarma Smart Scores. With high scores in Growth and Momentum, the company’s long-term outlook appears promising. This indicates that Meitu Inc is well-positioned for future expansion and has strong market momentum, which bodes well for its continued success in the industry.

Additionally, Meitu Inc has also received favorable scores in Dividend, suggesting that the company may provide attractive returns to investors. While its scores in Value and Resilience are not as high, the overall outlook for Meitu Inc remains positive. With a solid foundation in image editing and live broadcasting software, as well as a presence in mobile designing and retailing, Meitu Inc is poised for continued growth and success in the future.

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