In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Lufax Holding Ltd ADR’s stock clocked out at $2.66, down -8.90% from its previous closing price of $2.92. In other words, the price has decreased by -$8.90 from its previous closing price. On the day, 3.05 million shares were traded. LU stock price reached its highest trading level at $2.86 during the session, while it also had its lowest trading level at $2.66.
Ratios:
To gain a deeper understanding of LU’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.56.
UBS Downgraded its Neutral to Sell on August 24, 2023, whereas the target price for the stock was revised from $1.60 to $1.
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 2305371648 and an Enterprise Value of -3871416576. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.64 while its Price-to-Book (P/B) ratio in mrq is 0.18. Its current Enterprise Value per Revenue stands at -0.118 whereas that against EBITDA is -0.33.
Stock Price History:
Over the past 52 weeks, LU has reached a high of $4.15, while it has fallen to a 52-week low of $0.94. The 50-Day Moving Average of the stock is -6.20%, while the 200-Day Moving Average is calculated to be 12.42%.
Shares Statistics:
It appears that LU traded 3.26M shares on average per day over the past three months and 3318920 shares per day over the past ten days. A total of 838.06M shares are outstanding, with a floating share count of 837.77M. Insiders hold about 0.04% of the company’s shares, while institutions hold 9.85% stake in the company. Shares short for LU as of 1731628800 were 5965920 with a Short Ratio of 1.83, compared to 1728950400 on 7106723.
