Promising Chinese Stocks To Keep An Eye On – May 8th

Duolingo, Wynn Resorts, Mettler-Toledo International, Diageo, UP Fintech, LZ Technology, and Gaotu Techedu are the seven Chinese stocks to watch today, according to MarketBeat’s stock screener tool. Chinese stocks are equity securities issued by companies that are incorporated or primarily operate in mainland China. They trade on domestic markets such as the Shanghai and Shenzhen exchanges (A-shares) as well as offshore venues like Hong Kong (H-shares) and U.S. American Depositary Receipts, providing investors with exposure to China’s economy. These companies had the highest dollar trading volume of any Chinese stocks within the last several days.

Duolingo (DUOL)

Duolingo, Inc. operates as a mobile learning platform in the United States, the United Kingdom, and internationally. The company offers courses in 40 different languages, including Spanish, English, French, German, Italian, Portuguese, Japanese, and Chinese through its Duolingo app. It also provides a digital English language proficiency assessment exam.

Shares of DUOL traded up $9.06 during trading hours on Thursday, hitting $504.62. 314,219 shares of the stock were exchanged, compared to its average volume of 897,347. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.09 and a quick ratio of 3.09. Duolingo has a fifty-two week low of $145.05 and a fifty-two week high of $505.87. The business has a 50-day moving average of $334.43 and a 200-day moving average of $340.77. The firm has a market capitalization of $22.83 billion, a P/E ratio of 275.79 and a beta of 0.88.

Wynn Resorts (WYNN)

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.

WYNN stock traded up $3.27 during trading on Thursday, reaching $87.39. 987,485 shares of the stock were exchanged, compared to its average volume of 2,662,896. Wynn Resorts has a twelve month low of $65.25 and a twelve month high of $107.81. The firm’s 50 day moving average is $80.68 and its 200 day moving average is $86.04. The firm has a market cap of $9.28 billion, a P/E ratio of 20.76, a price-to-earnings-growth ratio of 2.35 and a beta of 1.33.

Mettler-Toledo International (MTD)

Mettler-Toledo International Inc. manufactures and supplies precision instruments and services in the Americas, Europe, Asia, and internationally. It operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company’s laboratory instruments include laboratory balances, liquid pipetting solutions, automated laboratory reactors, real-time analytics, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, density and refractometry, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments.

Shares of MTD traded up $28.96 on Thursday, reaching $1,113.42. The company’s stock had a trading volume of 53,158 shares, compared to its average volume of 146,460. The stock has a market capitalization of $23.20 billion, a PE ratio of 27.39, a PEG ratio of 3.30 and a beta of 1.40. Mettler-Toledo International has a twelve month low of $946.69 and a twelve month high of $1,546.93. The firm has a fifty day moving average of $1,125.26 and a 200-day moving average of $1,227.33.

Diageo (DEO)

Diageo plc, together with its subsidiaries, engages in the production, marketing, and sale of alcoholic beverages. The company offers scotch, gin, vodka, rum, raki, liqueur, wine, tequila, Chinese white spirits, cachaça, and brandy, as well as beer, including cider and flavored malt beverages. It also provides Chinese, Canadian, Irish, American, and Indian-Made Foreign Liquor whiskies, as well as flavored malt beverages, ready to drink, and non-alcoholic products.

Shares of NYSE:DEO traded up $0.19 during mid-day trading on Thursday, hitting $115.94. 509,741 shares of the company traded hands, compared to its average volume of 929,775. The company has a current ratio of 1.60, a quick ratio of 0.67 and a debt-to-equity ratio of 1.62. The stock has a 50-day moving average price of $108.81 and a two-hundred day moving average price of $116.55. Diageo has a 12-month low of $100.72 and a 12-month high of $144.27. The stock has a market cap of $64.50 billion, a P/E ratio of 16.95, a P/E/G ratio of 2.39 and a beta of 0.60.

UP Fintech (TIGR)

UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform services.

Shares of TIGR stock traded up $0.16 on Thursday, hitting $9.33. The stock had a trading volume of 990,112 shares, compared to its average volume of 6,996,612. UP Fintech has a 12-month low of $3.36 and a 12-month high of $14.48. The business has a 50 day moving average of $7.82 and a 200 day moving average of $7.12. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.11 and a quick ratio of 1.11. The stock has a market cap of $1.72 billion, a price-to-earnings ratio of 46.68 and a beta of 0.70.

LZ Technology (LZMH)

As a holding company with no material operations of its own, LZ Technology conducts its operations through its operating entities formed in the PRC, primarily Lianzhang Portal and its subsidiaries. For the years ended December 31, 2022 and 2023, the Company had a total of 247 and 255 customers, respectively, who entered into contracts with the Company to purchase the Company’s products and services.

LZMH stock traded up $0.22 during midday trading on Thursday, hitting $11.12. The company’s stock had a trading volume of 292,898 shares, compared to its average volume of 604,511. LZ Technology has a 1 year low of $4.40 and a 1 year high of $17.73. The company’s 50-day moving average is $9.05.

Gaotu Techedu (GOTU)

Gaotu Techedu Inc., a technology-driven education company, provides learning services, educational content, and digitalized learning products in the People's Republic of China. The company offers traditional online academic subject tutoring services that covers academic subjects, such as mathematics, English, Chinese, physics, chemistry, biology, history, geography, and political science for students; non-academic tutoring services; personal interest courses comprising chess learning, family relationships and education, humanities, and science courses; and professional courses primarily for college students and adults preparing for professional qualification exams, such as teacher's qualification, Chartered Financial Analyst designation, Certified Public Accountant designation, and other exams.

Shares of GOTU stock traded up $0.04 during trading hours on Thursday, hitting $3.29. 750,635 shares of the company were exchanged, compared to its average volume of 2,262,406. The firm has a fifty day simple moving average of $3.15 and a 200 day simple moving average of $2.75. Gaotu Techedu has a 52-week low of $1.87 and a 52-week high of $8.44. The stock has a market capitalization of $852.69 million, a price-to-earnings ratio of -5.76 and a beta of 0.29.