The 36-month beta value for LU is also noteworthy at 0.87. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 6 rating it as “hold,” and 1 rating it as “sell.”
The public float for LU is 837.74M, and at present, short sellers hold a 1.12% of that float. The average trading volume of LU on September 03, 2024 was 4.19M shares.
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LU) stock’s latest price update
Lufax Holding Ltd ADR (NYSE: LU) has experienced a rise in its stock price by 0.44 compared to its previous closing price of 2.27. However, the company has seen a fall of -3.80% in its stock price over the last five trading days. seekingalpha.com reported 2024-08-22 that Lufax Holding Ltd (NYSE:LU ) Q2 2024 Results Conference Call August 21, 2024 9:00 PM ET Company Participants Xinyan Liu – Head of Board Office and Capital Markets Yong Suk Cho – Co-CEO & Chairman of the Board Peiqing Zhu – Chief Financial Officer Conference Call Participants Emma Xu – Bank of America Securities Yada Li – CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Lufax Holding Second Quarter 2024 Earnings Call. [Operator Instructions] Please note, this event is being recorded.
LU’s Market Performance
Lufax Holding Ltd ADR (LU) has seen a -3.80% fall in stock performance for the week, with a -15.56% decline in the past month and a 16.33% surge in the past quarter. The volatility ratio for the week is 3.89%, and the volatility levels for the past 30 days are at 4.81% for LU. The simple moving average for the past 20 days is -11.99% for LU’s stock, with a 21.96% simple moving average for the past 200 days.
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 -14.37% 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 -26.45% of loss for the given period.
Volatility was left at 4.81%, however, over the last 30 days, the volatility rate increased by 3.89%, as shares sank -16.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.60% upper at present.
During the last 5 trading sessions, LU fell by -5.19%, which changed the moving average for the period of 200-days by -31.88% in comparison to the 20-day moving average, which settled at $2.57. In addition, Lufax Holding Ltd ADR saw 65.96% 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:
- -0.04 for the present operating margin
- 0.51 for the gross margin
The net margin for Lufax Holding Ltd ADR stands at -0.11. The total capital return value is set at -0.0. Equity return is now at value -2.79, with -0.98 for asset returns.
Based on Lufax Holding Ltd ADR (LU), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.58. The interest coverage ratio of the stock is -0.07.
Currently, EBITDA for the company is 2.1 billion with net debt to EBITDA at -23.99. When we switch over and look at the enterprise to sales, we see a ratio of 1.56. The receivables turnover for the company is 5.99for trailing twelve months and the total asset turnover is 0.1.
Conclusion
In summary, Lufax Holding Ltd ADR (LU) has had a mixed 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.
