Chinese Stocks To Follow Now – March 23rd

Wynn Resorts, Duolingo, Mettler-Toledo International, Diageo, and UP Fintech are the five Chinese stocks to watch today, according to MarketBeat’s stock screener tool. Chinese stocks are equity shares issued by companies based in China or with significant operations there. They are traded on exchanges such as the Shanghai Stock Exchange and the Shenzhen Stock Exchange, offering investors exposure to the economic growth and regulatory environment of China’s market. These companies had the highest dollar trading volume of any Chinese stocks within the last several days.

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 Resorts stock traded down $0.44 during midday trading on Friday, reaching $82.63. 4,315,577 shares of the stock traded hands, compared to its average volume of 2,288,833. The firm has a fifty day moving average price of $85.71 and a two-hundred day moving average price of $88.92. The firm has a market cap of $8.79 billion, a price-to-earnings ratio of 19.63, a PEG ratio of 2.35 and a beta of 1.76. Wynn Resorts has a fifty-two week low of $71.63 and a fifty-two week high of $110.38.

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.

Duolingo stock traded up $3.13 during midday trading on Friday, reaching $309.30. 868,382 shares of the stock traded hands, compared to its average volume of 701,038. The company has a current ratio of 3.09, a quick ratio of 3.09 and a debt-to-equity ratio of 0.07. The firm has a fifty day moving average price of $347.58 and a two-hundred day moving average price of $319.68. The firm has a market cap of $13.99 billion, a price-to-earnings ratio of 169.02 and a beta of 0.92. Duolingo has a fifty-two week low of $145.05 and a fifty-two week high of $441.77.

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.

Mettler-Toledo International stock traded down $2.29 during midday trading on Friday, reaching $1,198.09. 210,236 shares of the stock traded hands, compared to its average volume of 127,624. Mettler-Toledo International has a fifty-two week low of $1,142.91 and a fifty-two week high of $1,546.93. The firm has a market cap of $24.97 billion, a price-to-earnings ratio of 29.56, a PEG ratio of 3.30 and a beta of 1.15. The firm has a fifty day moving average price of $1,292.72 and a two-hundred day moving average price of $1,310.23.

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 DEO stock traded down $0.91 during midday trading on Friday, reaching $107.09. 781,489 shares of the company were exchanged, compared to its average volume of 857,266. Diageo has a 12 month low of $105.23 and a 12 month high of $149.44. The company has a market cap of $59.57 billion, a P/E ratio of 15.63, a PEG ratio of 2.39 and a beta of 0.65. The company’s 50 day moving average price is $112.65 and its two-hundred day moving average price is $122.68. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.67 and a current ratio of 1.60.

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 remained flat at $8.86 during midday trading on Friday. 6,485,476 shares of the company’s stock were exchanged, compared to its average volume of 6,405,448. UP Fintech has a one year low of $3.10 and a one year high of $14.48. The stock has a market capitalization of $1.64 billion, a P/E ratio of 44.30 and a beta of 0.87. The business has a 50 day simple moving average of $7.45 and a 200 day simple moving average of $6.64. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.11 and a current ratio of 1.11.