The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The closing price of LexinFintech Holdings Ltd ADR (NASDAQ: LX) was $5.51 for the day, up 6.17% from the previous closing price of $5.19. In other words, the price has increased by $6.17 from its previous closing price. On the day, 4.89 million shares were traded. LX stock price reached its highest trading level at $5.5797 during the session, while it also had its lowest trading level at $5.1.
Ratios:
Our analysis of LX’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 13 ’24 when Long Annabelle Yu bought 22,394 shares for $1.74 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, LX now has a Market Capitalization of 905915648 and an Enterprise Value of 4285410048. As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.87, and their Forward P/E ratio for the next fiscal year is 4.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 0.308 whereas that against EBITDA is 1.636.
Stock Price History:
Over the past 52 weeks, LX has reached a high of $5.55, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is 64.13%, while the 200-Day Moving Average is calculated to be 155.03%.
Shares Statistics:
LX traded an average of 4.46M shares per day over the past three months and 5714090 shares per day over the past ten days. A total of 128.74M shares are outstanding, with a floating share count of 128.68M. Shares short for LX as of 1730332800 were 1246642 with a Short Ratio of 0.94, compared to 1727654400 on 301640. Therefore, it implies a Short% of Shares Outstanding of 1246642 and a Short% of Float of 1.4400001.
