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.
In the latest session, LexinFintech Holdings Ltd ADR (NASDAQ: LX) closed at $5.89 down -3.44% from its previous closing price of $6.10. In other words, the price has decreased by -$3.44 from its previous closing price. On the day, 2.0 million shares were traded. LX stock price reached its highest trading level at $6.27 during the session, while it also had its lowest trading level at $5.855.
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 1002919744 and an Enterprise Value of 4285410048. As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.48, and their Forward P/E ratio for the next fiscal year is 4.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 0.51. 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 0.66, which has changed by 2.128205 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, LX has reached a high of $6.36, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is 27.37%, while the 200-Day Moving Average is calculated to be 126.18%.
Shares Statistics:
For the past three months, LX has traded an average of 4.38M shares per day and 3035720 over the past ten 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 26.06% stake in the company. Shares short for LX as of 1730332800 were 1246642 with a Short Ratio of 1.17, compared to 1727654400 on 301640. Therefore, it implies a Short% of Shares Outstanding of 1246642 and a Short% of Float of 1.4400001.
