Lufax Holding Ltd ADR (NYSE: LU) Not A Good Play Anymore?

Lufax Holding Ltd ADR (LU) concluded trading on Thursday at a closing price of $2.68, with 3.78 million shares of worth about $10.13 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 152.70% during that period and on August 01, 2024 the price saw a loss of about -5.63%. Currently the company’s common shares owned by public are about 838.05M shares, out of which, 837.74M shares are available for trading.

Stock saw a price change of -2.55% in past 5 days and over the past one month there was a price change of -5.96%. Year-to-date (YTD), LU shares are showing a performance of 95.08% which decreased to -11.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.94 but also hit the highest price of $3.26 during that period. The average intraday trading volume for Lufax Holding Ltd ADR shares is 5.45 million. The stock is currently trading -5.63% below its 20-day simple moving average (SMA20), while that difference is up 9.43% for SMA50 and it goes to 50.49% higher than SMA200.

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Lufax Holding Ltd ADR (NYSE: LU) currently have 838.05M outstanding shares and institutions hold larger chunk of about 13.64% of that.

The stock has a current market capitalization of $2.25B and its 3Y-monthly beta is at 0.89. It has posted earnings per share of -$0.15 in the same period. It has a debt-to-equity ratio of 0.53. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LU, volatility over the week remained 6.39% while standing at 8.04% over the month.

Stock’s fiscal year EPS is expected to drop by -47.02% while it is estimated to increase by 362.79% in next year. EPS is likely to grow at an annualized rate of 53.51% for next 5-years, compared to annual growth of -42.05% made by the stock over the past 5-years.

Coverage by UBS stated Lufax Holding Ltd ADR (LU) stock as a Sell in their note to investors on August 24, 2023, suggesting a price target of $1 for the stock. Stock get an Underperform rating from Macquarie on March 14, 2023.

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