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The price of LexinFintech Holdings Ltd ADR (NASDAQ: LX) closed at $3.39 in the last session, up 2.73% from day before closing price of $3.30. In other words, the price has increased by $2.73 from its previous closing price. On the day, 4.77 million shares were traded. LX stock price reached its highest trading level at $3.445 during the session, while it also had its lowest trading level at $3.18.
Ratios:
We take a closer look at LX’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.22.
On March 16, 2023, CLSA Upgraded its rating to Buy which previously was Outperform but kept the price unchanged to $3.45.
Citigroup Upgraded its Neutral to Buy on March 14, 2023, whereas the target price for the stock was revised from $2.31 to $3.60.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 13 ’24 when Long Annabelle Yu bought 22,394 shares for $1.74 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LX now has a Market Capitalization of 557360064 and an Enterprise Value of 4282102272. As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.19, and their Forward P/E ratio for the next fiscal year is 3.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 0.308 whereas that against EBITDA is 1.634.
Stock Price History:
Over the past 52 weeks, LX has reached a high of $4.70, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is 13.34%, while the 200-Day Moving Average is calculated to be 63.54%.
Shares Statistics:
According to the various share statistics, LX traded on average about 3.67M shares per day over the past 3-months and 2349990 shares per day over the past 10 days. A total of 138.76M shares are outstanding, with a floating share count of 138.69M. Insiders hold about 0.05% of the company’s shares, while institutions hold 24.25% stake in the company. Shares short for LX as of 1730332800 were 1246642 with a Short Ratio of 0.34, compared to 1727654400 on 301640. Therefore, it implies a Short% of Shares Outstanding of 1246642 and a Short% of Float of 1.4400001.
Dividends & Splits
The forward annual dividend rate for LX is 0.14, which was 0.972 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.29454547
