For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of LexinFintech Holdings Ltd ADR (NASDAQ: LX) closed at $7.72 in the last session, down -2.28% from day before closing price of $7.90. In other words, the price has decreased by -$2.28 from its previous closing price. On the day, 2.68 million shares were traded. LX stock price reached its highest trading level at $7.965 during the session, while it also had its lowest trading level at $7.43.
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 0.44 whereas as Long-Term Debt/Eq ratio is at 0.10.
CLSA Upgraded its Outperform to Buy on March 16, 2023, while the target price for the stock was maintained at $3.45.
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 Dec 10 ’24 when Wang Neng bought 40,000 shares for $5.92 per share.
WU Wei bought 29,000 shares of LX for $160,950 on Dec 09 ’24. On Sep 13 ’24, another insider, Long Annabelle Yu, who serves as the Director of the company, bought 22,394 shares for $1.74 each.
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 1269268224 and an Enterprise Value of 4285410048. As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.42, and their Forward P/E ratio for the next fiscal year is 5.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52 while its Price-to-Book (P/B) ratio in mrq is 0.67. Its current Enterprise Value per Revenue stands at 0.308 whereas that against EBITDA is 1.636.
Stock Price History:
The Beta on a monthly basis for LX is 0.69, which has changed by 3.4632769 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, LX has reached a high of $8.50, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is 31.15%, while the 200-Day Moving Average is calculated to be 152.40%.
Shares Statistics:
According to the various share statistics, LX traded on average about 3.64M shares per day over the past 3-months and 3056500 shares per day over the past 10 days. A total of 128.74M shares are outstanding, with a floating share count of 128.68M. Insiders hold about 0.05% of the company’s shares, while institutions hold 26.39% stake in the company. Shares short for LX as of 1730332800 were 1246642 with a Short Ratio of 1.58, compared to 1727654400 on 301640. Therefore, it implies a Short% of Shares Outstanding of 1246642 and a Short% of Float of 1.4400001.
