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Is There a Dimmer Outlook Ahead for Lufax Holding Ltd (LU)?

Lufax Holding Ltd (NYSE:LU) went down by -3.32% from its latest closing price compared to the recent 1-year high of $7.80. The company’s stock price has collected -10.86% of loss in the last five trading sessions.

Is It Worth Investing in Lufax Holding Ltd (NYSE :LU) Right Now?

Lufax Holding Ltd (NYSE:LU) scored a price-to-earnings ratio above its average ratio, recording 3.66 x from its present earnings ratio. Opinions of the stock are interesting as 12 analysts out of 16 who provided ratings for Lufax Holding Ltd declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $43.70, which is $3.33 above the current price. LU currently public float of 2.28B and currently shorts hold a 1.08% ratio of that float. Today, the average trading volume of LU was 6.95M shares.

LU’s Market Performance

LU stocks went down by -10.86% for the week, with a monthly drop of -22.14% and a quarterly performance of -49.37%, while its annual performance rate touched -56.64%. The volatility ratio for the week stands at 4.13% while the volatility levels for the past 30 days are set at 5.02% for Lufax Holding Ltd. The simple moving average for the period of the last 20 days is -18.48% for LU stocks with a simple moving average of -39.97% for the last 200 days.

Analysts’ Opinion of LU

CLSA, on the other hand, stated in their research note that they expect to see LU reach a price target of $6.80, previously predicting the price at $8. The rating they have provided for LU stocks is “Outperform” according to the report published on May 27th, 2022.

Macquarie gave a rating of “Neutral” to LU, setting the target price at $5 in the report published on March 09th of the current year.

LU Trading at -24.91% from the 50-Day Moving Average

After a stumble in the market that brought LU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.97% of loss for the given period.

Volatility was left at 5.02%, however, over the last 30 days, the volatility rate increased by 4.13%, as shares sank -25.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -38.93% lower at present.

During the last 5 trading sessions, LU fell by -10.86%, which changed the moving average for the period of 200-days by -44.83% in comparison to the 20-day moving average, which settled at $3.87. In addition, Lufax Holding Ltd saw -43.16% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for LU

Current profitability levels for the company are sitting at:

  • +34.57 for the present operating margin
  • +77.64 for the gross margin

The net margin for Lufax Holding Ltd stands at +23.52. Equity return is now at value 16.10, with 4.20 for asset returns.

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