Trading Day Review: LexinFintech Holdings Ltd ADR (LX) Gains Momentum, Closing at 6.04

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating 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 LexinFintech Holdings Ltd ADR (NASDAQ: LX) closed at $6.04 in the last session, up 0.83% from day before closing price of $5.99. In other words, the price has increased by $0.83 from its previous closing price. On the day, 1.17 million shares were traded. LX stock price reached its highest trading level at $6.045 during the session, while it also had its lowest trading level at $5.89.

Ratios:

We take a closer look at LX’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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 993054464 and an Enterprise Value of 4285410048. As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.72, and their Forward P/E ratio for the next fiscal year is 4.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.41 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at 0.308 whereas that against EBITDA is 1.636.

Stock Price History:

Over the past 52 weeks, LX has reached a high of $6.28, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is 43.37%, while the 200-Day Moving Average is calculated to be 145.18%.

Shares Statistics:

According to the various share statistics, LX traded on average about 5.30M shares per day over the past 3-months and 3899430 shares per day over the past 10 days. A total of 128.74M shares are outstanding, with a floating share count of 128.68M. Insiders hold about 0.05% of the company’s shares, while institutions hold 26.10% stake in the company. Shares short for LX as of 1730332800 were 1246642 with a Short Ratio of 0.97, compared to 1727654400 on 301640. Therefore, it implies a Short% of Shares Outstanding of 1246642 and a Short% of Float of 1.4400001.

Most Popular