Is There More Upside Ahead For Lufax Holding Ltd ADR (NYSE: LU)

Lufax Holding Ltd ADR (LU) concluded trading on Thursday at a closing price of $2.49, with 2.68 million shares of worth about $6.68 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 2.89% during that period and on December 05, 2024 the price remained unchanged. Currently the company’s common shares owned by public are about 838.06M shares, out of which, 837.77M shares are available for trading.

Stock saw a price change of -0.80% in past 5 days and over the past one month there was a price change of -5.32%. Year-to-date (YTD), LU shares are showing a performance of 81.25% which increased to 72.23% 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 $4.15 during that period. The average intraday trading volume for Lufax Holding Ltd ADR shares is 3.19 million. The stock is currently trading 2.45% above its 20-day simple moving average (SMA20), while that difference is down -13.16% for SMA50 and it goes to 6.23% higher than SMA200.

Lufax Holding Ltd ADR (NYSE: LU) currently have 838.06M outstanding shares and institutions hold larger chunk of about 9.85% of that.

The stock has a current market capitalization of $2.09B and its 3Y-monthly beta is at 0.90. It has posted earnings per share of -$0.76 in the same period. It has a debt-to-equity ratio of 0.56. 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 6.16% while standing at 5.57% over the month.

Stock’s fiscal year EPS is expected to drop by -385.39% while it is estimated to increase by 137.85% in next year. EPS is likely to grow at an annualized rate of 32.08% for next 5-years, compared to annual growth of -42.05% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on October 24, 2024 offering a Hold rating for the stock and assigned a target price of $3.20 to it. On August 24, 2023, UBS Downgrade their recommendations, while on June 08, 2023, Bernstein Initiated their ratings for the stock with a price target of $2.50. Stock get an Outperform rating from Macquarie on May 16, 2023.

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