Analysis Of The Weekly Performance Of Lufax Holding Ltd (LU)

Lufax Holding Ltd (NYSE:LU) finished Wednesday with an addition of $0.07 to close at $7.40, an upside of 0.95 percent. An average of 5,410,660 shares of common stock have been traded in the last five days. There was a gain of $0.43 in the past week. The last 20 days have seen an average of 6,457,410 shares traded, while the 50-day average volume stands at 7,705,206.

LU stock has decreased by -5.25% in the last month. The company shares reached their 1-month lowest point of $6.86 on 10/05/21. Shares of the company touched a low of $6.86 and a high of $20.17 in 52 weeks. In spite of this, the price is down -63.31% from the 52-week high.


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Valuation Metrics

Lufax Holding Ltd (LU) has a trailing price-to-earnings (P/E) ratio of 7.84, which compares with the 14.40 for the broader industry and 12.72 for the sector. In the last five years, Lufax Holding Ltd’s PE ratio has ranged between 25.97 and 7.585. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.04, the price-to-book (PB) ratio at 1.30, and the price-to-cash flow ratio at 17.55.

Further, the company has a long term debt to equity ratio of 0.43 and a total debt to equity ratio of 0.43 for the quarter ending June 29. Its gross profit as reported stood at $3.4 billion compared to revenue of $7.54 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Lufax Holding Ltd’s return on assets was 5.70%. For the broader industry, ROE averaged 16.40 over the past year.

Earnings Surprise

The analyst consensus anticipated Lufax Holding Ltd’s latest quarter earnings to come in at $0.23 per share, but it turned out to be $0.29, a 26.10% surprise. For the quarter, EBITDA amounted to $1.2 billion. At the end of the quarter ending June 29, Lufax Holding Ltd’s stock balance sheet showed total debt was $38.06 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Lufax Holding Ltd (LU) price momentum. RSI 9-day as of the close on 13 October was 51.54%, suggesting the stock is Neutral, with historical volatility in this time frame at 43.06%.

As of today, LU’s price is $7.41 +6.17% or $0.43 from its 5-day moving average. LU is currently trading -3.90% lower than its 20-day SMA and -39.54% lower than its 100-day SMA. However, the stock’s current price level is +1.51% above the SMA50 and -46.22% below the SMA200.

The stochastic %K and %D were 55.91% and 61.17%, respectively, and the average true range (ATR) was 0.31. With the 14-day stochastic at 57.67% and the average true range at 0.33, the RSI (14) stands at 47.13%. The stock has reached 0.15 on the 9-day MACD Oscillator while the 14-day reading was at 0.20.

Analyst Ratings

Morgan Stanley upgraded Lufax Holding Ltd (NYSE: LU) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as a an Equal-weight.The consensus rating for Lufax Holding Ltd (LU) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell LU, while 3 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 13 others rate it as a “buy”.

What is LU’s price target for the next 12 months?

Analysts predict a range of price targets between $38.79 and $140.68, with a median target of $82.19. Taking a look at these predictions, the average price target given by analysts for Lufax Holding Ltd (LU) stock is $83.61.

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