For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of LexinFintech Holdings Ltd ADR (NASDAQ: LX) closed at $8.55 in the last session, down -5.63% from day before closing price of $9.06. In other words, the price has decreased by -$5.63 from its previous closing price. On the day, 2.8 million shares were traded.
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:
As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.76, and their Forward P/E ratio for the next fiscal year is 6.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 0.74.
Stock Price History:
Over the past 52 weeks, LX has reached a high of $9.82, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is 13.52%, while the 200-Day Moving Average is calculated to be 120.86%.
Shares Statistics:
A total of 128.74M shares are outstanding, with a floating share count of 128.74M. Insiders hold about 0.00% of the company’s shares, while institutions hold 46.00% stake in the company.
