Report
EUR 13.77 For Business Accounts Only

Despite a better risk assessment and improving to Neutral, MEITU INCO. remains under pressure

MEITU INCO. (HK), a company active in the Telecommunications Equipment industry, improves its market behaviour and slightly increases its general evaluation. The independent financial analyst theScreener just upgraded the stock market behaviour as moderately risky. At a fundamental level, theScreener confirms 1 out of 4 possible stars; the general evaluation is slightly increased to Neutral but the title remains under pressure. As of the analysis date April 24, 2020, the closing price was HKD 1.40 and its target price was estimated at HKD 1.09.
Underlying
Meitu Inc

Meitu is a mobile application software company based in The People's Republic of China. Co. is engaged in the development of mobile video and photography applications, including proprietary facial recognition and virtual makeup try-on technologies. Co. maintains a portfolio of software and hardware offerings, including Meitu, BeautyCam, Meipai (Co.'s short-form video and live streaming community app) and Meitu Smartphones. Co. has more than 500 million overseas users and has launched localized apps and established local teams in several countries and regions including India, Brazil, Japan, the United States and Singapore.

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TheScreener
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