Market Highlights: Lufax Holding Ltd ADR (LU) Ends on a Low Note at 2.19

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The price of Lufax Holding Ltd ADR (NYSE: LU) closed at $2.19 in the last session, down -0.90% from day before closing price of $2.21. In other words, the price has decreased by -$0.90 from its previous closing price. On the day, 4.12 million shares were traded. LU stock price reached its highest trading level at $2.235 during the session, while it also had its lowest trading level at $2.19.

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 0.58 whereas as Long-Term Debt/Eq ratio is at 0.58.

On August 24, 2023, UBS Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $1.60 to $1.

On June 08, 2023, Bernstein started tracking the stock assigning a Outperform rating and target price of $2.50.Bernstein initiated its Outperform rating on June 08, 2023, with a $2.50 target price.

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 1945348480 and an Enterprise Value of -14199573504. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.48 while its Price-to-Book (P/B) ratio in mrq is 0.11. Its current Enterprise Value per Revenue stands at -0.403 whereas that against EBITDA is -1.104.

Stock Price History:

Over the past 52 weeks, LU has reached a high of $3.10, while it has fallen to a 52-week low of $0.94. The 50-Day Moving Average of the stock is -17.59%, while the 200-Day Moving Average is calculated to be 16.19%.

Shares Statistics:

According to the various share statistics, LU traded on average about 3.47M shares per day over the past 3-months and 2867930 shares per day over the past 10 days. A total of 838.06M shares are outstanding, with a floating share count of 837.75M. Insiders hold about 0.04% of the company’s shares, while institutions hold 11.73% stake in the company. Shares short for LU as of 1723680000 were 9360430 with a Short Ratio of 2.70, compared to 1721001600 on 10950337.

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