Is This The Best Time To Buy LexinFintech Holdings Ltd ADR (NASDAQ: LX) Stock?

LexinFintech Holdings Ltd ADR (NASDAQ:LX) traded at $8.77 at last check on current trade day and made an upward move of 12.64% on its previous day’s price.

LexinFintech Holdings Ltd ADR has a market cap of $1.16 billion and is expected to release its quarterly earnings report in June. With its Forward Dividend at 0.18 and a yield of 2.07%, the company’s investors could be anxious for the LX stock to gain ahead of the earnings release.

On the other hand, looking at the outlook for the LX stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Buy.

Based on estimates by 5 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the LexinFintech Holdings Ltd ADR (LX) stock as a Hold, while 3 rate it as a Buy. 0 analyst(s) rate it as overweight while 1 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the LX stock currently stands at 0.12, and the most recent price level today is 11.92% off its SMA20 and -0.19% from its 50-day simple moving average. The RSI (14) is pointing at 56.02 while the volatility over the past week is 4.81% and jumps to 6.22% over the past one month. The beta value is 0.51, while the average true range (ATR) is currently pointing at 0.62. The average price target for the stock over the next 12 months is $13.6, with the estimates having a low of $13.6 and a high of $13.6. These price ends are -55.07% and -55.07% off the today’s price level respectively, although investors could be excited at the prospect of a -55.07% if the LX share price touches on the median price of $13.6.

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