LexinFintech Holdings Ltd ADR (NASDAQ:LX) currently has a daily average trading volume of 1.08M but it saw 1304632 shares traded in last market. With a market cap of 255.32M USD, the company’s current market price of $1.84 came rising about 0.55 while comparing to the previous closing price of $1.83. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.01 and as low as $1.62.
Taking a look at 20-day trading activity of LexinFintech Holdings Ltd ADR (LX) gives us an average price of $1.8740, while its current price level is -38.77% below from 52-week high level whereas it is 13.58% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.8226 while that of 200 days or SMA-200 reads an average of $2.0603. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.23% during that period while stretching the period over a month that increases to 4.02%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 49.98 which implies that the stock is in neutral territory.
CLSA upgraded its recommendation for the stock as a “Buy” from “Outperform” on March 16, 2023 while assigning a price target of $3.45. Citigroup issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $2.31 and $3.60.
Over the week, LX’s stock price is moving 1.66% up while it is -0.54% when we observe its performance for the past one month.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2022, when its quarterly earnings per share (EPS) of $0.55 beat the consensus estimate of $0.43 for the same. For LX, analysts are forecasting an EPS-growth rate of 5.30% for current year and estimate for EPS growth in next year is 11.70%. Moreover, analysts are in estimates of $1.88 billion for current-quarter revenue.
Currently, LexinFintech Holdings Ltd ADR’s total number of outstanding shares is 138.76M with 3.27% of that held by the insiders while 30.14% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 10.04% and return on equity (ROE) at 11.58%. It has a price to earnings ratio (P/E ratio) of 2.19 while having a 1.47 of forward P/E ratio. Stock’s beta reads 0.56. Stock has a price to book (P/B) ratio of 0.20 while price to sale or P/S ratio amounts to 0.14. Its return on asset (ROA) is 4.63% on average.
