TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Meitu ( (HK:1357) ).
Meitu, Inc. announced that its Founder, Chairman, and CEO, Mr. Wu Zeyuan, has increased his shareholding in the company by purchasing 700,000 shares at an average price of HK$10.00 per share. This move raises Mr. Wu’s total interest in the company to 12.89% of the issued share capital. Mr. Wu’s continued investment reflects his confidence in the company’s future business prospects, suggesting potential positive implications for stakeholders.
The most recent analyst rating on (HK:1357) stock is a Buy with a HK$13.50 price target. To see the full list of analyst forecasts on Meitu stock, see the HK:1357 Stock Forecast page.
More about Meitu
Meitu, Inc. is a company incorporated in the Cayman Islands and operates in Hong Kong under the name ‘美圖之家’. It is listed on the Hong Kong Stock Exchange and is known for its technology and software services, particularly in the fields of photo and video editing applications.
Average Trading Volume: 99,906,589
Technical Sentiment Signal: Buy
Current Market Cap: HK$46.67B
For detailed information about 1357 stock, go to TipRanks’ Stock Analysis page.