Hong Kong Exchanges and Clearing (HKXCY) Stock Price, News & Analysis

Company Overview

Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock exchanges and futures exchanges, and related clearing houses in Hong Kong, Mainland China, and the United Kingdom. It operates through Cash, Equity and Financial Derivatives, Commodities, and Data and Connectivity segments. The Cash segment covers various equity products traded on the cash market platforms of the Stock Exchange of Hong Kong Limited, the Shanghai Stock Exchange, and the Shenzhen Stock Exchange; clearing, settlement and custodian, listing, depository, and nominee services; and other related activities. The Equity and Financial Derivatives segment provides and maintains trading platforms for a range of equity and financial derivative products, such as stock and equity index futures and options, derivative warrants, callable bull/bear contracts and warrants, and over the counter (OTC) derivatives contracts. The Commodities segment operates an exchange for the trading of base, ferrous, and precious metals futures and options contracts in the United Kingdom; and operates Qianhai Mercantile Exchange Co., Ltd., a commodity trading platform in the Mainland. This segment also covers commodities contracts traded on Futures Exchange. The Data and Connectivity segment offers various services that provides access to the platform and infrastructure, as well as services of BayConnect Technology Company Limited; network, terminal user, data line and software sublicense, and hosting services; and sells market data relating to the Hong Kong cash and derivatives markets. The company serves issuers and investors. Hong Kong Exchanges and Clearing Limited was incorporated in 1999 and is based in Central, Hong Kong.

Key Stats

• Today's Range: $30.67 to $30.82
• 50-Day Range: $28.31 to $31.37
• 52-Week Range: $27.00 to $38.30
• Volume: 41,651 shs
• Average Volume: 155,935 shs
• Market Capitalization: N/A
• P/E Ratio: 7.77
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Hong Kong Exchanges and Clearing Stock Analysis - MarketRank™

Hong Kong Exchanges and Clearing scored higher than 9% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Hong Kong Exchanges and Clearing.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Hong Kong Exchanges and Clearing is 7.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.55.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hong Kong Exchanges and Clearing is 7.77, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 423.36.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Hong Kong Exchanges and Clearing has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hong Kong Exchanges and Clearing has recently increased by 1,042.86%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Hong Kong Exchanges and Clearing does not currently pay a dividend.

Dividend Growth

Hong Kong Exchanges and Clearing does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Hong Kong Exchanges and Clearing is 25.54%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Hong Kong Exchanges and Clearing has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Hong Kong Exchanges and Clearing has recently increased by 1,042.86%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.2 / 5
• News Sentiment: 0.20

News Sentiment

Hong Kong Exchanges and Clearing has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.50 average news sentiment score of Financial Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Hong Kong Exchanges and Clearing this week, compared to 2 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hong Kong Exchanges and Clearing insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 0.19% of the stock of Hong Kong Exchanges and Clearing is held by institutions.

HKXCY Stock Analysis - Frequently Asked Questions

How have HKXCY shares performed this year?

Hong Kong Exchanges and Clearing's stock was trading at $34.25 at the beginning of the year. Since then, HKXCY shares have decreased by 10.2% and is now trading at $30.75.
View the best growth stocks for 2024 here.

How do I buy shares of Hong Kong Exchanges and Clearing?

Shares of HKXCY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 10/2 Dividend: 9/04/2024
• Today: 9/20/2024
• Dividend Payable: 10/02/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Financial Services
• Industry: Financial Data & Stock Exchanges
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:HKXCY
• CUSIP: N/A
• CIK: 1445476
• Web: www.hkex.com.hk
• Phone: 852-2522-1122
• Fax: N/A
• Employees: 2,419
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 7.77
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A