Lufax Holding Ltd ADR (NYSE:LU) saw a downside of -1.75% to $1.12 after subtracting -$0.02 on Monday. The 5-day average trading volume is 7,515,208 shares of the company’s common stock. It has gained $1.1600 in the past week and touched a new high 3 times within the past 5 days. An average of 8,380,207 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 9,552,167.
LU’s 1-month performance is -2.61% or -$0.0500 on its low of $1.0100 reached on 09/18/23. The company’s shares have touched a 52-week low of $1.01 and high of $3.32, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, LU has lost -42.27% or -$0.8200 and has reached a new high 10 times. However, the current price is down -66.27% from the 52-week high price.
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Valuation Metrics
LU stock has a beta of 0.80. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.39 while the price-to-book (PB) in the most recent quarter is 0.20.
As well, the company’s long term debt to equity for the quarter ending June 29 was 0.51, while the total debt to equity was 0.51. In terms of profitability, the gross margin trailing 12 months is 85.94%. The firm’s gross profit as reported stood at $4.64 billion against revenue of $8.64 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -93.17% to $1.29 billion, while revenue of $0.0 was 100.0% off the previous quarter. Analysts expected LU to announce $0.05 per share in earnings in its latest quarter, but it posted $0.06, representing a 20.00% surprise. EBITDA for the quarter stood at more than $595.29 million.
Let’s look briefly at Lufax Holding Ltd ADR (LU) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 43.23% to suggest the stock is trending Neutral, with historical volatility in this time period at 65.21%.
The stock’s 5-day moving average is $1.1060, reflecting a +6.67% or $0.0700 change from its current price. LU is currently trading -4.27% above its 20-day SMA, -31.29% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -29.56% and SMA200 by-45.89%.
Stochastic %K and %D was 37.96% and 30.73% and the average true range (ATR) pointed at 0.0700. The RSI (14) points at 41.28%, while the 14-day stochastic is at 45.83% with the period’s ATR at 0.0756. The stock’s 9-day MACD Oscillator is pointing at -0.0022 and -0.0269 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Lufax Holding Ltd ADR (NYSE: LU), UBS downgraded it to a Sell rating. They previously had a Neutral 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 5 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 5 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 $7.28 and a high of $18.23, with their median price target at $10.21. Looking at these predictions, the average price target given by analysts is for Lufax Holding Ltd ADR (LU) stock is $11.11.
