No Stopping Lufax Holding Ltd ADR (NYSE: LU) These Days

Lufax Holding Ltd ADR (NYSE:LU) does about 9.81M shares in volume on a normal day but saw 3100347 shares change hands in Monday trading. The company now has a market cap of 1.25B USD. Its current market price is $2.30, marking an increase of 0.44% compared to the previous close of $2.29. The 52 week high reached by this stock is $3.42 whilst the lowest price level in 52 weeks is $0.94.

Lufax Holding Ltd ADR (LU) has a 20-day trading average at $3.92 and the current price is -32.73% off the 52-week high compared with 143.59% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.22 and its 200-day simple moving average is $3.68. If we look at the stock’s price movements over the week, volatility stands at 8.10%, which decreases to 4.80% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 63.55 to suggest the stock is neutral.

The consensus objective for the share price is $3.99, suggesting that the stock has a potential upside of 42.36% over the period.

UBS also downgraded the stock to “Sell” from Neutral on August 24, 2023 at a price target of $1.60-$1. Bernstein initiated its price target at $2.50.

Lufax Holding Ltd ADR (LU) stock is up 17.35% over the week and 11.49% over the past month. Its price is 67.42% year-to-date and -19.19% over the past year.

To reach the target analysts have set, the stock logically needs to grow 42.36 percent from here.

The company has a return on investment of -0.45% and return on equity of -0.67%. The forward price to earnings ratio is 3.66. The beta has a value of 0.85. Price to book ratio is 0.10 and price to sales ratio is 0.29.