Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Lufax Holding Ltd ADR (NYSE: LU) closed at $2.40 in the last session, down -1.23% from day before closing price of $2.43. In other words, the price has decreased by -$1.23 from its previous closing price. On the day, 2.6 million shares were traded. LU stock price reached its highest trading level at $2.45 during the session, while it also had its lowest trading level at $2.38.
Ratios:
We take a closer look at LU’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.56.
UBS Downgraded its Neutral to Sell on August 24, 2023, whereas the target price for the stock was revised from $1.60 to $1.
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 17 ’24 when Tun Kung Company Limited bought 17,690,620 shares for $2.60 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LU now has a Market Capitalization of 2148712960 and an Enterprise Value of -4683736576. 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 0.17. Its current Enterprise Value per Revenue stands at -0.143 whereas that against EBITDA is -0.399.
Stock Price History:
Over the past 52 weeks, LU has reached a high of $4.15, while it has fallen to a 52-week low of $0.94. The 50-Day Moving Average of the stock is -6.32%, while the 200-Day Moving Average is calculated to be -1.87%.
Shares Statistics:
According to the various share statistics, LU traded on average about 3.36M shares per day over the past 3-months and 4043260 shares per day over the past 10 days. A total of 838.06M shares are outstanding, with a floating share count of 837.78M. Insiders hold about 0.04% of the company’s shares, while institutions hold 9.89% stake in the company. Shares short for LU as of 1734048000 were 5635183 with a Short Ratio of 3.45, compared to 1731628800 on 5965920.
