Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, LexinFintech Holdings Ltd ADR’s stock clocked out at $10.59, up 0.57% from its previous closing price of $10.53. In other words, the price has increased by $0.57 from its previous closing price. On the day, 5.03 million shares were traded. LX stock price reached its highest trading level at $10.745 during the session, while it also had its lowest trading level at $10.14.
Ratios:
To gain a deeper understanding of LX’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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:
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 1741133568 and an Enterprise Value of 5949731328. As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.04, and their Forward P/E ratio for the next fiscal year is 4.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 0.423 whereas that against EBITDA is 2.458.
Stock Price History:
The Beta on a monthly basis for LX is 0.35, which has changed by 3.948598 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, LX has reached a high of $10.91, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is 32.43%, while the 200-Day Moving Average is calculated to be 157.56%.
Shares Statistics:
It appears that LX traded 3.32M shares on average per day over the past three months and 3717520 shares per day over the past ten days. 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 46.19% stake in the company. Shares short for LX as of 1740700800 were 6254062 with a Short Ratio of 1.89, compared to 1738281600 on 6975423. Therefore, it implies a Short% of Shares Outstanding of 6254062 and a Short% of Float of 7.249999999999999.
Dividends & Splits
With its trailing 12-month dividend rate of 0.949, LX has a forward annual dividend rate of 0.14. Against a Trailing Annual Dividend Yield of 0.09012346
