Promising Chinese Stocks To Follow Now – March 2nd

Duolingo, Mettler-Toledo International, Wynn Resorts, Diageo, 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 are shares issued by companies based in China, offering investors equity ownership in those firms. These stocks are traded on various exchanges, including mainland markets like the Shanghai and Shenzhen stock exchanges as well as international venues such as the Hong Kong Stock Exchange, and their performance is influenced by China’s economic policies, regulatory environment, and market conditions. 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.

NASDAQ DUOL traded down $63.71 on Friday, reaching $312.07. The company had a trading volume of 3,454,218 shares, compared to its average volume of 761,692. The firm has a market capitalization of $13.73 billion, a price-to-earnings ratio of 170.53 and a beta of 0.89. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.09 and a current ratio of 3.09. Duolingo has a 1-year low of $145.05 and a 1-year high of $441.77. The company’s fifty day moving average is $359.71 and its 200-day moving average is $310.97.

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 Mettler-Toledo International stock traded up $18.14 during trading hours on Friday, reaching $1,271.44. 177,369 shares of the company’s stock were exchanged, compared to its average volume of 137,543. The company has a 50 day moving average of $1,291.19 and a two-hundred day moving average of $1,329.59. Mettler-Toledo International has a fifty-two week low of $1,142.91 and a fifty-two week high of $1,546.93. The stock has a market cap of $26.59 billion, a P/E ratio of 31.37, a P/E/G ratio of 3.30 and a beta of 1.13.

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.

Shares of WYNN stock traded up $1.13 on Friday, reaching $89.32. The stock had a trading volume of 1,468,241 shares, compared to its average volume of 2,809,046. The firm’s 50-day moving average is $85.35 and its two-hundred day moving average is $87.86. The firm has a market capitalization of $9.50 billion, a price-to-earnings ratio of 21.22, a P/E/G ratio of 2.35 and a beta of 1.76. Wynn Resorts has a 12 month low of $71.63 and a 12 month high of $110.38.

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 up $0.19 on Friday, reaching $108.83. The stock had a trading volume of 718,626 shares, compared to its average volume of 1,090,224. The company has a quick ratio of 0.67, a current ratio of 1.60 and a debt-to-equity ratio of 1.62. The firm’s 50-day moving average is $117.39 and its two-hundred day moving average is $124.98. The firm has a market capitalization of $60.54 billion, a price-to-earnings ratio of 15.89, a P/E/G ratio of 2.39 and a beta of 0.66. Diageo has a 12 month low of $105.72 and a 12 month high of $151.76.

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 down $0.13 on Friday, reaching $7.24. The stock had a trading volume of 6,561,369 shares, compared to its average volume of 7,001,926. The firm has a market capitalization of $1.34 billion, a price-to-earnings ratio of 36.20 and a beta of 0.86. The company has a quick ratio of 1.11, a current 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’s 50-day moving average is $7.10 and its two-hundred day moving average is $6.22.

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.

Gaotu Techedu stock traded up $0.10 during trading hours on Friday, hitting $3.54. The company had a trading volume of 5,750,347 shares, compared to its average volume of 2,767,409. The firm has a market cap of $917.58 million, a PE ratio of -6.20 and a beta of 0.06. Gaotu Techedu has a one year low of $1.87 and a one year high of $8.44. The firm has a 50-day moving average of $2.34 and a 200 day moving average of $2.84.

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.

USANA Health Sciences stock traded up $0.91 during trading hours on Friday, hitting $29.55. The company had a trading volume of 299,854 shares, compared to its average volume of 166,624. The firm has a market cap of $563.22 million, a PE ratio of 10.44, a PEG ratio of 0.93 and a beta of 0.87. USANA Health Sciences has a one year low of $27.71 and a one year high of $50.32. The firm has a 50-day moving average of $33.42 and a 200 day moving average of $36.49.