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LexinFintech Holdings Ltd ADR (NASDAQ: LX) closed the day trading at $3.35 up 8.06% from the previous closing price of $3.10. In other words, the price has increased by $8.06 from its previous closing price. On the day, 4.65 million shares were traded. LX stock price reached its highest trading level at $3.41 during the session, while it also had its lowest trading level at $2.96.
Ratios:
For a better understanding of LX, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 550783488 and an Enterprise Value of 4268870912. As of this moment, LexinFintech’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.13, and their Forward P/E ratio for the next fiscal year is 3.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.17. 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 0.42. Its current Enterprise Value per Revenue stands at 0.307 whereas that against EBITDA is 1.629.
Stock Price History:
Over the past 52 weeks, LX has reached a high of $4.70, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is 63.72%, while the 200-Day Moving Average is calculated to be 80.18%.
Shares Statistics:
Over the past 3-months, LX traded about 2.32M shares per day on average, while over the past 10 days, LX traded about 10639470 shares per day. A total of 138.76M shares are outstanding, with a floating share count of 138.69M. Insiders hold about 0.05% of the company’s shares, while institutions hold 20.82% stake in the company. Shares short for LX as of 1727654400 were 301640 with a Short Ratio of 0.13, compared to 1724976000 on 319845. Therefore, it implies a Short% of Shares Outstanding of 301640 and a Short% of Float of 0.34999999.
Dividends & Splits
LX’s forward annual dividend rate is 0.14, up from 0.972 a year ago. Against a Trailing Annual Dividend Yield of 0.3135484
