The stock of Lufax Holding Ltd ADR (LU) has gone up by 2.97% for the week, with a -1.42% drop in the past month and a 31.15% rise in the past quarter. The volatility ratio for the week is 3.16%, and the volatility levels for the past 30 days are 5.22% for LU. The simple moving average for the past 20 days is -0.41% for LU’s stock, with a 50.47% simple moving average for the past 200 days.
Is It Worth Investing in Lufax Holding Ltd ADR (NYSE: LU) Right Now?
The 36-month beta value for LU is at 0.89. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for LU is 837.92M, and currently, shorts hold a 1.28% of that float. The average trading volume for LU on August 19, 2024 was 4.72M shares.
LU) stock’s latest price update
Lufax Holding Ltd ADR (NYSE: LU)’s stock price has gone decline by -2.12 in comparison to its previous close of 2.83, however, the company has experienced a 2.97% increase in its stock price over the last five trading days. prnewswire.com reported 2024-08-16 that SHANGHAI, Aug. 16, 2024 /PRNewswire/ — Lufax Holding Ltd (“Lufax” or the “Company”) (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced that it plans to release its second quarter 2024 financial results after the market closes on Wednesday, August 21, 2024, U.S. Eastern Time. The Company’s management will hold an earnings conference call at 9:00 P.M.
Analysts’ Opinion of LU
UBS, on the other hand, stated in their research note that they expect to see LU reach a price target of $1, previously predicting the price at $1.60. The rating they have provided for LU stocks is “Sell” according to the report published on August 24th, 2023.
Bernstein gave a rating of “Outperform” to LU, setting the target price at $2.50 in the report published on June 08th of the previous year.
LU Trading at 5.34% 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 -10.65% of loss for the given period.
Volatility was left at 5.22%, however, over the last 30 days, the volatility rate increased by 3.16%, as shares sank -3.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.50% upper at present.
During the last 5 trading sessions, LU rose by +3.90%, which changed the moving average for the period of 200-days by -26.82% in comparison to the 20-day moving average, which settled at $2.78. In addition, Lufax Holding Ltd ADR saw 101.63% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for LU
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.51 for the gross margin
The net margin for Lufax Holding Ltd ADR stands at -0.03. The total capital return value is set at 0.0. Equity return is now at value -0.67, with -0.22 for asset returns.
Based on Lufax Holding Ltd ADR (LU), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25. The debt to equity ratio resting at 0.53. The interest coverage ratio of the stock is 0.09.
Currently, EBITDA for the company is 2.1 billion with net debt to EBITDA at 10.33. When we switch over and look at the enterprise to sales, we see a ratio of 1.03. The receivables turnover for the company is 4.03for trailing twelve months and the total asset turnover is 0.11.
Conclusion
In conclusion, Lufax Holding Ltd ADR (LU) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
