Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, LexinFintech Holdings Ltd ADR (NASDAQ: LX) closed at $7.78 down -4.54% from its previous closing price of $8.15. In other words, the price has decreased by -$4.54 from its previous closing price. On the day, 2.46 million shares were traded. LX stock price reached its highest trading level at $8.03 during the session, while it also had its lowest trading level at $7.57.
Ratios:
For a deeper understanding of LexinFintech Holdings Ltd ADR’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1279133056 and an Enterprise Value of 4285410048. As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.52, and their Forward P/E ratio for the next fiscal year is 5.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.21. 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 0.64, which has changed by 3.4535518 over the last 52 weeks, in comparison to a change of 0.21313763 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 20.91%, while the 200-Day Moving Average is calculated to be 139.30%.
Shares Statistics:
For the past three months, LX has traded an average of 3.49M shares per day and 2824090 over the past ten days. A total of 128.74M shares are outstanding, with a floating share count of 128.65M. Insiders hold about 0.07% of the company’s shares, while institutions hold 26.61% stake in the company. Shares short for LX as of 1730332800 were 1246642 with a Short Ratio of 1.65, compared to 1727654400 on 301640. Therefore, it implies a Short% of Shares Outstanding of 1246642 and a Short% of Float of 1.4400001.
