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Lufax Holding Ltd (LU) Stock: A Look at the Monthly Trend

In the past week, LU stock has gone down by -5.13%, with a monthly decline of -15.27% and a quarterly plunge of -33.93%. The volatility ratio for the week is 4.08%, and the volatility levels for the last 30 days are 6.10% for Lufax Holding Ltd The simple moving average for the past 20 days is -9.39% for LU’s stock, with a -40.65% simple moving average for the past 200 days.

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

The price-to-earnings ratio for Lufax Holding Ltd (NYSE: LU) is above average at 8.60x. The 36-month beta value for LU is also noteworthy at 0.81. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 5 rating it as “hold,” and 4 rating it as “sell.”

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The average price estimated by analysts for LU is $10.96, which is $0.47 above than the current price. The public float for LU is 2.20B, and at present, short sellers hold a 1.19% of that float. The average trading volume of LU on September 18, 2023 was 9.39M shares.

LU) stock’s latest price update

Lufax Holding Ltd (NYSE: LU) has seen a decline in its stock price by -7.50 in relation to its previous close of 1.20. However, the company has experienced a -5.13% decline in its stock price over the last five trading sessions. The Motley Fool reported 2023-08-22 that Lufax badly missed top-line expectations for the second quarter given continued macroheadwinds. The China-based fintech beat on earnings, helped by its focus on asset quality over quantity.

Analysts’ Opinion of LU

Many brokerage firms have already submitted their reports for LU stocks, with UBS repeating the rating for LU by listing it as a “Sell.” The predicted price for LU in the upcoming period, according to UBS is $1 based on the research report published on August 24, 2023 of the current year 2023.

LU Trading at -23.18% 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 -69.92% of loss for the given period.

Volatility was left at 6.10%, however, over the last 30 days, the volatility rate increased by 4.08%, as shares sank -17.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.14% lower at present.

During the last 5 trading sessions, LU fell by -5.13%, which changed the moving average for the period of 200-days by -21.28% in comparison to the 20-day moving average, which settled at $1.2135. In addition, Lufax Holding Ltd saw -42.78% 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:

  • +21.41 for the present operating margin
  • +73.84 for the gross margin

The net margin for Lufax Holding Ltd stands at +12.56. The total capital return value is set at 10.25, while invested capital returns managed to touch 8.11. Equity return is now at value 2.30, with 0.60 for asset returns.

Based on Lufax Holding Ltd (LU), the company’s capital structure generated 57.00 points at debt to equity in total, while total debt to capital is 36.30. Total debt to assets is 15.21, with long-term debt to equity ratio resting at 8.19. Finally, the long-term debt to capital ratio is 5.22.

The receivables turnover for the company is 5.69 and the total asset turnover is 0.19.

Conclusion

In summary, Lufax Holding Ltd (LU) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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