In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
LexinFintech Holdings Ltd ADR (NASDAQ: LX) closed the day trading at $1.85 down -0.54% from the previous closing price of $1.86. In other words, the price has decreased by -$0.54 from its previous closing price. On the day, 0.77 million shares were traded. LX stock price reached its highest trading level at $1.86 during the session, while it also had its lowest trading level at $1.78.
Ratios:
For a better understanding of LX, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.11.
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.
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 304164032 and an Enterprise Value of 3509205504. As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.24, and their Forward P/E ratio for the next fiscal year is 1.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13 while its Price-to-Book (P/B) ratio in mrq is 0.17. Its current Enterprise Value per Revenue stands at 0.269 whereas that against EBITDA is 1.778.
Stock Price History:
Over the past 52 weeks, LX has reached a high of $3.01, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is 2.82%, while the 200-Day Moving Average is calculated to be -7.03%.
Shares Statistics:
Over the past 3-months, LX traded about 1.05M shares per day on average, while over the past 10 days, LX traded about 739110 shares per day. A total of 128.46M shares are outstanding, with a floating share count of 128.40M. Insiders hold about 0.04% of the company’s shares, while institutions hold 27.90% stake in the company. Shares short for LX as of 1713139200 were 695248 with a Short Ratio of 0.66, compared to 1710460800 on 1145188. Therefore, it implies a Short% of Shares Outstanding of 695248 and a Short% of Float of 0.5700000000000001.
Dividends & Splits
LX’s forward annual dividend rate is 0.18, up from 1.291 a year ago. Against a Trailing Annual Dividend Yield of 0.694086
