Chinese Stocks To Add to Your Watchlist - February 09th

According to a recent review using MarketBeat's stock screener tool, there are seven Chinese stocks currently worth monitoring. These include Mettler-Toledo International, Duolingo, Wynn Resorts, Diageo, UP Fintech, Universe Pharmaceuticals, and INLIF. Chinese stocks refer to shares of publicly traded companies based in China. These stocks are generally listed on local stock exchanges, such as the Shanghai Stock Exchange or Shenzhen Stock Exchange, but can also be traded on international markets like the New York Stock Exchange. By investing in these companies, individuals can benefit from the growth and performance of China’s economy.

Mettler-Toledo International (MTD)

Mettler-Toledo International Inc. produces and provides precise instruments and services across the globe, including the Americas, Europe, and Asia. The company operates under five divisions: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. Their product range includes laboratory instruments such as balances, pipetting solutions, automated reactors, analytics, titrators, and more. Mettler-Toledo also features LabX, a software platform designed for managing and analyzing laboratory data.

On Friday, MTD stock saw an increase of $32.74, bringing it to $1,390.00. Approximately 461,136 shares were traded, significantly above its average volume of 114,468. The stock's 50-day moving average stands at $1,278.92, while the 200-day moving average is at $1,343.25. The market capitalization is valued at $29.33 billion, with a PE ratio of 34.30 and a price-to-earnings-growth ratio of 4.80. The stock has experienced a 52-week low of $1,133.46 and a high of $1,546.93.

Duolingo (DUOL)

Duolingo, Inc. serves as a mobile learning platform, providing courses in 40 languages, including Chinese, through its Duolingo app. In addition to language courses, it offers digital assessments for English proficiency.

On Friday, Duolingo’s stock increased by $4.44 to reach $393.80, with a trading volume of 717,106 shares compared to the average volume of 538,330. The stock's twelve-month range is between $145.05 and $411.69, with a 50-day moving average of $344.92 and a 200-day moving average of $286.89. The market value is at $17.32 billion, featuring a PE ratio of 215.19 and a beta of 0.89.

Wynn Resorts (WYNN)

Wynn Resorts, Limited is known for designing and operating integrated resorts. The company includes segments such as Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. Wynn Palace offers luxury accommodations, private gaming lounges, and various entertainment options.

During trading on Friday, WYNN saw a marginal decrease of $0.07, landing at $80.58, with an exchange of 2,253,480 shares which is close to its average volume of 2,352,991. The stock has a market cap of $8.85 billion, a P/E ratio of 9.94, and its 50-day and 200-day moving averages are both around $86.89 to $87.06.

Diageo (DEO)

Diageo plc is engaged in the production and marketing of alcoholic beverages globally, providing a broad range of products including whiskey, gin, and Chinese spirits.

On Friday, Diageo’s shares fell by $1.49 to $110.36. The trading volume was 976,660, versus the average of 1,096,495. The stock's 52-week low is $110.18 and the high is $154.71, with 50-day and 200-day moving averages at $122.35 and $126.77 respectively.

UP Fintech (TIGR)

UP Fintech Holding Limited specializes in providing online brokerage services focused on Chinese investors. Its platform facilitates trading in stocks, options, and a variety of financial products, accompanied by educational and community services.

Shares for UP Fintech traded up $0.48 to reach $7.73, with a significant week of trading at 13,205,171 shares compared to the average volume of 4,819,998. The market cap stands at $1.43 billion, a PE ratio of 38.65, and a debt-to-equity ratio of 0.30.

Universe Pharmaceuticals (UPC)

Universe Pharmaceuticals INC focuses on manufacturing and selling traditional Chinese medicine products, addressing various health concerns prevalent in the elderly population.

On Friday, UPC saw an uptick of $0.02 to $0.18 with an astounding trading volume of 143,447,740 shares, significantly surpassing its average volume. The stock has had a 12-month low of $0.14 and a high of $64.80.

INLIF (INLF)

INLIF is a holding company based in the Cayman Islands, conducting significant operations through its entity in China, primarily focused on the research and development of injection molding technologies.

On Friday, INLF recorded an increase of $0.30 to $4.90, with a trading volume of 1,200,041 shares compared to the average of 127,400. The stock has a 52-week low of $3.51 and a high of $6.15.

Conclusion

These seven companies reflect diverse industries and potential opportunities within the Chinese stock market. Investors may find value in exploring these stocks further.

stocks, China, investment