The stock of Lufax Holding Ltd (NYSE:LU) decreased by remained unchanged at $7.26, down -0.55 percent. The last five days have seen an average of 4,973,900 shares of common stock traded. The average number of shares traded over the last 20 days was 6,431,665, while the average volume over the last 50 days totaled 7,615,694.
LU stock dropped -0.55% since last month. On 10/18/21, the company’s shares reached a one-month low of $6.56. The stock touched a high of $20.17, after rallying from a low of $6.56 in 52 weeks. The price of LU stock has declined by -48.87% or -$6.94 this year, reaching a new high 9 times. Still, the stock price is down -64.01% from the 52-week high.
3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Lufax Holding Ltd (LU) has a trailing price-to-earnings (P/E) ratio of 7.63. This level actually compares favorably with the industry at large, as the PE for the Credit Services industry stands at about 23.48. Further, its PE also compares favorably with the Financial sector’s trailing 12 months PE ratio, which comes in at 13.15 right now. The PE ratio of Lufax Holding Ltd has varied between 25.97 and 7.310 in the last five years. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.04, the price-to-book (PB) ratio of 1.26, and the price-to-cash flow ratio of 17.55.
The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.43, and the total debt to equity ratio is 0.43. Lufax Holding Ltd’s operating margin stood at 40.60% for the same period. Based on annual data, it had gross profit of $3.4 billion and revenue of $7.54 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. LU’s return on assets (ROA) during the last 12 months has been 5.70%. There was a 13.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 18.70%. ROE has averaged 16.40 in the past year for the broader industry.
According to Lufax Holding Ltd’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. It was predicted that Lufax Holding Ltd’s quarterly earnings would be $0.29, but it ended up being $0.23, beating the consensus by 26.10%. EBITDA was $1.2 billion for the quarter. At the end of Lufax Holding Ltd’s most recent quarter ended June 29, its total debt was $33.76 billion.
Here’s a quick look at Lufax Holding Ltd’s (LU) price momentum from a technical perspective. As of 22 October, the RSI 9-day stood at 50.84%, suggesting the stock is Neutral, with a 62.72% historical volatility rate.
The stochastic %K and %D were 61.29% and 58.69% respectively, while the average true range (ATR) was 0.32. Based on the 14-day stochastic reading of 56.45%, the RSI (14) reading is 47.98%. On the 9-day MACD Oscillator, the stock is at 0.17, and the 14-day reading is at 0.13.
In its most recent analyst report, Morgan Stanley raised its rating on Lufax Holding Ltd (NYSE: LU) to an Overweight. Prior to this, analysts firm rated the stock as an Equal-weight. Analysts have assigned Lufax Holding Ltd (LU) an Overweight rating. LU is a stock that is recommended for selling by 0 brokerage firms, while 3 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 13 others recommend it as a buy.
What is LU’s price target for the next 12 months?
The current consensus forecast for the stock is between $38.79 and $140.68, with a median target price of $82.19. In analyzing these forecasts, the average price target given by analysts for Lufax Holding Ltd (LU) is $83.56.