Market Momentum Report: Lufax Holding Ltd ADR (LU)’s Positive Close at 2.85

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Lufax Holding Ltd ADR (NYSE: LU) closed at $2.85 in the last session, up 16.80% from day before closing price of $2.44. In other words, the price has increased by $16.80 from its previous closing price. On the day, 8.16 million shares were traded. LU stock price reached its highest trading level at $2.88 during the session, while it also had its lowest trading level at $2.44.

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 2710657536 and an Enterprise Value of -19216310272. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 0.13. Its current Enterprise Value per Revenue stands at -0.498 whereas that against EBITDA is -1.349.

Stock Price History:

The Beta on a monthly basis for LU is 0.88, which has changed by -0.525 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. Over the past 52 weeks, LU has reached a high of $3.42, while it has fallen to a 52-week low of $0.94. The 50-Day Moving Average of the stock is 34.94%, while the 200-Day Moving Average is calculated to be 68.92%.

Shares Statistics:

According to the various share statistics, LU traded on average about 6.28M shares per day over the past 3-months and 4364640 shares per day over the past 10 days. A total of 573.16M shares are outstanding, with a floating share count of 544.58M. Insiders hold about 0.04% of the company’s shares, while institutions hold 17.62% stake in the company. Shares short for LU as of 1718323200 were 9289104 with a Short Ratio of 1.64, compared to 1715731200 on 12735779.

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 0.45327866The current Payout Ratio is 57.14% for LU, which recently paid a dividend on 2024-06-04 with an ex-dividend date of 1717459200. Stock splits for the company last occurred on 2023-12-15 when the company split stock in a 1:4 ratio.

Most Popular