In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of LexinFintech Holdings Ltd ADR (NASDAQ: LX) closed at $9.81 in the last session, up 15.41% from day before closing price of $8.50. In other words, the price has increased by $15.41 from its previous closing price. On the day, 5.04 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 15.78, and their Forward P/E ratio for the next fiscal year is 7.02. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 0.85.
Stock Price History:
Over the past 52 weeks, LX has reached a high of $9.61, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is 33.49%, while the 200-Day Moving Average is calculated to be 160.50%.
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.
