As of Thursday close, Lufax Holding Ltd’s (NYSE:LU) stock traded at $1.21. The average number of shares traded per day over the past five days has been 5,593,140 shares. 3 times new highs have been achieved over the past 5 days, with a $0.0600 gain in that time frame. In the last twenty days, the average volume was 8,242,475, while in the previous 50 days, it was 9,381,120.
Since last month, LU stock retreated -25.77%. Shares of the company fell to $1.1500 on 08/25/23, the lowest level in the past month. A 52-week high of $4.38 was reached on 02/02/23 after having rallying from a 52-week low of $1.15. Since the beginning of this year, LU’s stock price has dropped by -37.63% or -$0.7300, and marked a new high 10 times. However, the stock has declined by -72.37% since its 52-week high.
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Valuation Metrics
Right now, Lufax Holding Ltd (LU) has a P/E ratio of about 9.38. The stock’s beta is 0.81. Besides these, the trailing price-to-sales (P/S) ratio of 0.44, the price-to-book (PB) ratio of 0.22, and the price-to-cash flow ratio of 1.97 may also be considered.
The latest dividend of $0.0390 per share was paid out, which is -22.0% less than last year’s $0.05. On Monday August 21 2023, a $0.0110 dividend decrease was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.50, and the total debt-to-equity ratio was 0.51. In the recent year, operating margins totaled 10.00%. 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 2.30%.
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. During the quarter, the company generated $595.29 million in EBITDA.
Technical Picture
This quick technical analysis looks at Lufax Holding Ltd’s (LU) price momentum. With a historical volatility rate of 66.19%, the RSI 9-day stood at 35.28% on 31 August.
With respect to its five-day moving average, the current Lufax Holding Ltd price is up by +5.22% percent or $0.0600. At present, LU shares trade -30.06% below its 20-day simple moving average and -34.59% percent below its 100-day simple moving average. However, the stock is currently trading approximately -16.55% below its SMA50 and -33.88% below its SMA200.
Stochastic coefficient K was 17.72% and Stochastic coefficient D was 14.01%, while ATR was 0.0874. Given the Stochastic reading of 18.18% for the 14-day period, the RSI (14) reading has been calculated as 36.56%.
Analyst Ratings
Lufax Holding Ltd downgraded its rating on Lufax Holding Ltd (NYSE: LU) to a Sell in a note to investors on August 24, 2023. The analysts firm previously had a Neutral rating on the stock.Lufax Holding Ltd (LU) has been rated Hold by analysts. According to 4 brokerage firms, LU is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Lufax Holding Ltd stock as buy, with 5 recommending it as overweight.
With a median target price of $10.21, the current consensus forecast for the stock is $7.28 – $18.23. Based on these forecasts, analysts predict Lufax Holding Ltd (LU) will achieve an average price target of $10.98.
