Market Highlights: Lufax Holding Ltd ADR (LU) Ends on a Low Note at 2.80

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The price of Lufax Holding Ltd ADR (NYSE: LU) closed at $2.80 in the last session, down -1.06% from day before closing price of $2.83. In other words, the price has decreased by -$1.06 from its previous closing price. On the day, 2.26 million shares were traded. LU stock price reached its highest trading level at $2.85 during the session, while it also had its lowest trading level at $2.73.

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 0.53 whereas as Long-Term Debt/Eq ratio is at 0.53.

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 2530415872 and an Enterprise Value of -19273576448. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 0.13. Its current Enterprise Value per Revenue stands at -0.5 whereas that against EBITDA is -1.353.

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 6.48%, while the 200-Day Moving Average is calculated to be 52.10%.

Shares Statistics:

According to the various share statistics, LU traded on average about 4.72M shares per day over the past 3-months and 1284990 shares per day over the past 10 days. A total of 838.05M shares are outstanding, with a floating share count of 837.92M. Insiders hold about 0.02% of the company’s shares, while institutions hold 12.81% stake in the company. Shares short for LU as of 1722384000 were 10683721 with a Short Ratio of 2.27, compared to 1719532800 on 10932349.

Dividends & Splits

The forward annual dividend rate for LU is 0.04, which was 1.106 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.39081272

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