As of Thursday close, Lufax Holding Ltd’s (NYSE:LU) stock was up $0.03, moving up 2.29 percent to $1.34. The average number of shares traded per day over the past five days has been 9,463,840 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.2700 fall in that time frame. In the last twenty days, the average volume was 10,751,190, while in the previous 50 days, it was 9,673,902.
Since last month, LU stock retreated -15.72%. Shares of the company fell to $1.2900 on 08/16/23, the lowest level in the past month. A 52-week high of $4.64 was reached on 02/02/23 after having rallying from a 52-week low of $1.23. Since the beginning of this year, LU’s stock price has dropped by -30.93% or -$0.6000, and marked a new high 10 times. However, the stock has declined by -71.12% since its 52-week high.
Valuation Metrics
Right now, Lufax Holding Ltd (LU) has a P/E ratio of about 5.54. The stock’s beta is 0.83. Besides these, the trailing price-to-sales (P/S) ratio of 0.46, the price-to-book (PB) ratio of 0.24, and the price-to-cash flow ratio of 3.32 may also be considered.
The latest dividend of $0.05 per share was paid out, which is -70.59% less than last year’s $0.17. On Tuesday March 14 2023, a $0.12 dividend decrease was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.55, and the total debt-to-equity ratio was 0.58. In the year ended March 30, operating margins totaled 16.20%. Based on annual data, LU earned $4.64 billion in gross profit and brought in $8.64 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 6.80%. Return on equity (ROE) for the past 12 months was 4.40%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. LU’s revenue fell -31.06% during the quarter, while net income inched up to $4.34 billion. While analysts expected Lufax Holding Ltd to report $0.02 quarterly earnings, the actual figure was $0.04 per share. During the quarter, the company generated $639.56 million in EBITDA.
Technical Picture
This quick technical analysis looks at Lufax Holding Ltd’s (LU) price momentum. With a historical volatility rate of 49.84%, the RSI 9-day stood at 30.25% on 17 August.
With respect to its five-day moving average, the current Lufax Holding Ltd price is down by -16.77% percent or -$0.2700. At present, LU shares trade -13.55% below its 20-day simple moving average and -31.28% percent below its 100-day simple moving average. However, the stock is currently trading approximately -10.67% below its SMA50 and -8.84% below its SMA200.
Stochastic coefficient K was 4.68% and Stochastic coefficient D was 7.39%, while ATR was 0.1004. Given the Stochastic reading of 9.09% for the 14-day period, the RSI (14) reading has been calculated as 36.39%. As of today, the MACD Oscillator reading stands at -0.1489, while the 14-day reading stands at -0.2307.
Analyst Ratings
Bernstein launched its rating on Lufax Holding Ltd (NYSE: LU) to an Outperform in a note to investors on June 08, 2023. Lufax Holding Ltd (LU) has been rated Hold by analysts. According to 3 brokerage firms, LU is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Lufax Holding Ltd stock as buy, with 5 recommending it as overweight.
With a median target price of $12.62, the current consensus forecast for the stock is $7.90 – $18.12. Based on these forecasts, analysts predict Lufax Holding Ltd (LU) will achieve an average price target of $12.87.
