Chinese Stocks Worth Watching – April 24th

Duolingo, Mettler-Toledo International, and Wynn Resorts are the three Chinese stocks to watch today, according to MarketBeat’s stock screener tool. Chinese stocks are shares of companies that are incorporated in, operate primarily within, or derive a predominant portion of their revenue from the People’s Republic of China. They can be listed on mainland exchanges (Shanghai or Shenzhen), on the Hong Kong Stock Exchange, or in overseas markets like the NYSE and NASDAQ through structures such as American Depositary Receipts (ADRs) or variable interest entities (VIEs). 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 up $7.52 during trading hours on Thursday, reaching $377.52. The company’s stock had a trading volume of 280,787 shares, compared to its average volume of 712,980. The business’s 50-day moving average is $328.05 and its 200-day moving average is $331.07. Duolingo has a one year low of $145.05 and a one year high of $441.77. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.09 and a quick ratio of 3.09. The company has a market cap of $17.08 billion, a price-to-earnings ratio of 204.93 and a beta of 0.91.

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.

Mettler-Toledo International stock traded up $7.69 during trading hours on Thursday, hitting $1,053.92. The stock had a trading volume of 46,224 shares, compared to its average volume of 142,079. Mettler-Toledo International has a fifty-two week low of $946.69 and a fifty-two week high of $1,546.93. The company has a 50-day moving average of $1,168.24 and a two-hundred day moving average of $1,252.02. The company has a market cap of $21.96 billion, a PE ratio of 26.00, a price-to-earnings-growth ratio of 3.30 and a beta of 1.28.

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 up $1.55 on Thursday, reaching $80.66. The stock had a trading volume of 489,046 shares, compared to its average volume of 2,472,383. Wynn Resorts has a 1-year low of $65.25 and a 1-year high of $107.81. The stock has a fifty day moving average price of $82.39 and a 200-day moving average price of $87.43. The company has a market capitalization of $8.56 billion, a P/E ratio of 19.14, a price-to-earnings-growth ratio of 2.35 and a beta of 1.53.