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The closing price of LexinFintech Holdings Ltd ADR (NASDAQ: LX) was $3.45 for the day, up 26.84% from the previous closing price of $2.72. In other words, the price has increased by $26.84 from its previous closing price. On the day, 14.3 million shares were traded. LX stock price reached its highest trading level at $3.465 during the session, while it also had its lowest trading level at $2.775.
Ratios:
Our analysis of LX’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.22.
On March 16, 2023, CLSA Upgraded its rating to Buy which previously was Outperform but kept the price unchanged to $3.45.
Citigroup Upgraded its Neutral to Buy on March 14, 2023, whereas the target price for the stock was revised from $2.31 to $3.60.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 13 ’24 when Long Annabelle Yu bought 22,394 shares for $1.74 per share.
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 567224832 and an Enterprise Value of 4301948928. As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.28, and their Forward P/E ratio for the next fiscal year is 3.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 0.309 whereas that against EBITDA is 1.642.
Stock Price History:
Over the past 52 weeks, LX has reached a high of $2.94, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is 96.20%, while the 200-Day Moving Average is calculated to be 92.72%.
Shares Statistics:
LX traded an average of 957.10K shares per day over the past three months and 4824750 shares per day over the past ten days. A total of 138.76M shares are outstanding, with a floating share count of 138.70M. Insiders hold about 0.04% of the company’s shares, while institutions hold 20.77% stake in the company. Shares short for LX as of 1726185600 were 417169 with a Short Ratio of 0.44, compared to 1723680000 on 321429. Therefore, it implies a Short% of Shares Outstanding of 417169 and a Short% of Float of 0.47999998000000005.
Dividends & Splits
With its trailing 12-month dividend rate of 0.972, LX has a forward annual dividend rate of 0.14. Against a Trailing Annual Dividend Yield of 0.35735294