Lufax Holding Ltd ADR (NYSE:LU) price is hovering higher on Wednesday, April 17, jumping 1.47% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $4.09. The company’s P/E ratio in the trailing 12-month period read 18.14. Taking into account the 52-week price action we note that the stock hit a 52-week high of $8.36 and 52-week low of $2.11. The stock added 37.87% on its value in the past month.
Lufax Holding Ltd ADR, which has a market valuation of $2.26 billion. The company stock has a Forward Dividend ratio of 0.04, while the dividend yield is 0.94%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give LU a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.26. The overview shows that LU’s price is at present -1.80% off the SMA20 and 25.66% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 57.00, with weekly volatility standing at 3.96%. The indicator jumps to 4.74% when calculated based on the past 30 days. Lufax Holding Ltd ADR (NYSE:LU)’s beta value is holding at 0.88, while the average true range (ATR) indicator is currently reading 0.21.
An analysis of the Lufax Holding Ltd ADR (NYSE:LU) stock in terms of its daily trading volume indicates that the 3-month average is 5.42 million.
Current records show that the company has 544.53M in outstanding shares. The insiders’ percentage holdings are 0.04% of outstanding shares while the percentage share held by institutions stands at 17.31%. But the 35.18% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
