Lufax Holding Ltd ADR (NYSE:LU) finished Wednesday with an addition of $0.01 to close at $1.10, an upside of 0.92 percent. An average of 6,235,760 shares of common stock have been traded in the last five days. There was a fall of -$0.0200 in the past week, and it reached a new high 5 times over the past 12 months. The last 20 days have seen an average of 8,396,585 shares traded, while the 50-day average volume stands at 9,398,924.
LU stock has decreased by -7.56% in the last month. The company shares reached their 1-month lowest point of $1.0100 on 09/18/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $1.01 and a high of $3.32 in 52 weeks. It has reached a new high 10 times so far this year and lost -43.30% or -$0.8400 in price. In spite of this, the price is down -66.87% from the 52-week high.
Valuation Metrics
Lufax Holding Ltd ADR (LU) has a trailing price-to-earnings (P/E) ratio of 8.01. The stock’s beta is 0.81. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.39, the price-to-book (PB) ratio at 0.20.
The company has a payout ratio of 34.75%. The company’s most recent quarterly dividend payment was $0.0390 a share, representing a down of -22.0% from $0.05 last year. Its latest decrease dividend $0.0110 reported on Monday August 21 2023.
Financial Health
Further, the company has a long term debt to equity ratio of 0.51 and a total debt to equity ratio of 0.51 for the quarter ending June 29. Its gross profit as reported stood at $4.64 billion compared to revenue of $8.64 billion.
Earnings Surprise
In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $1.29 billion in the quarter, while revenues were shrunk -93.17%. The analyst consensus anticipated Lufax Holding Ltd ADR’s latest quarter earnings to come in at $0.05 per share, but it turned out to be $0.06, a 20.00% surprise. For the quarter, EBITDA amounted to $595.29 million. At the end of the quarter ending June 29, Lufax Holding Ltd ADR’s stock balance sheet showed total debt was $48.36 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Lufax Holding Ltd ADR (LU) price momentum. RSI 9-day as of the close on 27 September was 41.64%, suggesting the stock is Neutral, with historical volatility in this time frame at 65.70%.
As of today, LU’s price is $1.1040 -1.79% or -$0.0200 from its 5-day moving average. LU is currently trading -13.39% lower than its 20-day SMA and -31.68% lower than its 100-day SMA. However, the stock’s current price level is -27.63% below the SMA50 and -50.67% below the SMA200.
The stochastic %K and %D were 38.26% and 37.85%, respectively, and the average true range (ATR) was 0.0668. With the 14-day stochastic at 40.91% and the average true range at 0.0727, the RSI (14) stands at 40.34%. The stock has reached 0.0011 on the 9-day MACD Oscillator while the 14-day reading was at -0.0326.
Analyst Ratings
UBS downgraded Lufax Holding Ltd ADR (NYSE: LU) to a a Sell rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Lufax Holding Ltd ADR (LU) among analysts is Hold. According to current brokerage recommendations, 3 brokerage firms advise that investors sell LU, while 5 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 5 others rate it as a “buy”.
What is LU’s price target for the next 12 months?
Analysts predict a range of price targets between $7.28 and $18.23, with a median target of $10.21. Taking a look at these predictions, the average price target given by analysts for Lufax Holding Ltd ADR (LU) stock is $11.11.
