Promising Chinese Stocks To Consider – March 30th

Duolingo, Wynn Resorts, Diageo, Mettler-Toledo International, UP Fintech, Gaotu Techedu, and USANA Health Sciences are the seven Chinese stocks to watch today, according to MarketBeat’s stock screener tool. Chinese stocks refer to the equity shares of companies that are based in China and are listed on various Chinese stock exchanges, including those on the mainland and in Hong Kong. These stocks represent ownership in Chinese firms and are influenced by both domestic economic policies and global market trends, making them a unique component of global investment portfolios. 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 down $17.94 during trading hours on Friday, hitting $315.00. 888,351 shares of the stock traded hands, compared to its average volume of 721,672. The business has a fifty day moving average of $347.74 and a 200-day moving average of $323.80. The firm has a market capitalization of $14.25 billion, a PE ratio of 172.13 and a beta of 0.92. Duolingo has a 1-year low of $145.05 and a 1-year high of $441.77. The company has a current ratio of 3.09, a quick ratio of 3.09 and a debt-to-equity ratio of 0.07.

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.

NASDAQ:WYNN traded down $3.82 on Friday, hitting $82.33. 2,484,396 shares of the stock were exchanged, compared to its average volume of 2,357,221. Wynn Resorts has a 52 week low of $71.63 and a 52 week high of $110.38. The stock has a market capitalization of $8.74 billion, a price-to-earnings ratio of 19.56, a P/E/G ratio of 2.35 and a beta of 1.77. The company’s 50-day moving average price is $85.96 and its 200 day moving average price is $89.22.

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 down $0.28 during trading on Friday, hitting $105.25. 1,414,561 shares of the company’s stock were exchanged, compared to its average volume of 882,948. 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 firm has a market cap of $58.55 billion, a P/E ratio of 15.36, a PEG ratio of 2.39 and a beta of 0.65. The firm has a 50-day moving average price of $111.55 and a two-hundred day moving average price of $121.90. Diageo has a 1-year low of $104.80 and a 1-year high of $149.24.

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.

MTD stock traded down $17.29 during midday trading on Friday, reaching $1,176.04. The company’s stock had a trading volume of 117,497 shares, compared to its average volume of 131,530. The business’s 50-day simple moving average is $1,283.84 and its 200-day simple moving average is $1,303.51. Mettler-Toledo International has a 52 week low of $1,142.91 and a 52 week high of $1,546.93. The stock has a market cap of $24.51 billion, a PE ratio of 29.02, a price-to-earnings-growth ratio of 3.30 and a beta of 1.15.

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 NASDAQ:TIGR traded down $0.43 during midday trading on Friday, hitting $8.67. The company had a trading volume of 6,548,529 shares, compared to its average volume of 6,529,953. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.30. UP Fintech has a 12 month low of $3.10 and a 12 month high of $14.48. The firm has a fifty day simple moving average of $7.71 and a 200 day simple moving average of $6.83. The stock has a market cap of $1.60 billion, a price-to-earnings ratio of 43.35 and a beta of 0.87.

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.

GOTU traded down $0.08 during midday trading on Friday, reaching $3.28. 2,064,673 shares of the company were exchanged, compared to its average volume of 2,387,552. The stock has a market capitalization of $850.09 million, a P/E ratio of -5.75 and a beta of 0.10. Gaotu Techedu has a one year low of $1.87 and a one year high of $8.44. The stock’s 50-day simple moving average is $2.90 and its 200 day simple moving average is $2.83.

USANA Health Sciences (USNA)

USANA Health Sciences, Inc. develops, manufactures, and sells science-based nutritional, personal care, and skincare products in the Asia Pacific, the Americas, and Europe. The company offers USANA nutritional products that comprise essentials/CellSentials, such as vitamin and mineral supplements that provide a foundation of total body nutrition for various age groups; optimizers consisting of targeted supplements that are designed to meet cardiovascular, skeletal/structural, and digestive health needs; and food that include meal replacement shakes, snack bars, and other related products.

Shares of NYSE:USNA traded down $0.32 during mid-day trading on Friday, reaching $27.84. The stock had a trading volume of 121,796 shares, compared to its average volume of 111,939. The firm has a 50 day simple moving average of $31.15 and a two-hundred day simple moving average of $35.08. USANA Health Sciences has a twelve month low of $26.19 and a twelve month high of $49.78. The firm has a market cap of $526.37 million, a PE ratio of 9.84, a price-to-earnings-growth ratio of 0.93 and a beta of 0.98.