Lufax Holding Ltd (LU) Stock: Should Investors Follow These Insider Trades?


Lufax Holding Ltd (NYSE:LU) saw an upside of 0.37% to close Monday at $2.69 after adding $0.01 on the day. The 5-day average trading volume is 17,595,561 shares of the company’s common stock. It has gained $2.82 in the past week and touched a new high 1 time within the past 5 days. An average of 18,214,494 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 20,095,918.

LU’s 1-month performance is 35.18% or $0.68 on its low of $1.89 reached on 12/30/22. The company’s shares have touched a 52-week low of $1.26 and high of $7.05, with the stock’s rally to the 52-week high happening on 01/13/23. YTD, LU has achieved 38.66% or $0.75 and has reached a new high 6 times. However, the current price is down -61.84% from the 52-week high price.

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Valuation Metrics

Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.66 while the price-to-book (PB) in the most recent quarter is 0.45.

As well, the company’s long term debt to equity for the quarter ending September 29 was 0.61, while the total debt to equity was 0.64. The firm’s gross profit as reported stood at $4.9 billion against revenue of $9.58 billion.

Earnings Surprise

For the quarterly period ending September 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 26.48% to $2.5 billion, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected LU to announce $0.17 per share in earnings in its latest quarter, but it posted $0.08, representing a -52.90% surprise. EBITDA for the quarter stood at more than $906.32 million.

Let’s look briefly at Lufax Holding Ltd (LU) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 65.90% to suggest the stock is trending Neutral, with historical volatility in this time period at 56.11%.

The stock’s 5-day moving average is $2.64, reflecting a -1.82% or -$0.05 change from its current price. LU is currently trading +21.17% above its 20-day SMA, -34.07% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +68.13% and SMA200 by-54.48%.

Stochastic %K and %D was 78.67% and 75.48% and the average true range (ATR) pointed at 0.20. The RSI (14) points at 62.84%, while the 14-day stochastic is at 80.35% with the period’s ATR at 0.21. The stock’s 9-day MACD Oscillator is pointing at 0.02 and 0.18 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Lufax Holding Ltd (NYSE: LU), JP Morgan downgraded it to an Underweight rating. They previously had an Overweight rating on the stock. Analysts offering their rating for LU stock have a consensus rating for the stock as Hold. Currently, 3 brokerage advisors rate LU as a “sell,”, while 8 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 6 have offered a “buy” rating.

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

Analysts have a consensus price target ranging from a low of $9.60 and a high of $40.66, with their median price target at $14.08. Looking at these predictions, the average price target given by analysts is for Lufax Holding Ltd (LU) stock is $16.37.


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