Lufax Holding Ltd ADR (LU): Investing In A Time Of Crisis

Lufax Holding Ltd ADR (NYSE:LU) currently has a daily average trading volume of 5.45M but it saw 3779219 shares traded in last market. With a market cap of 2.25B USD, the company’s current market price of $2.68 came falling about -5.63 while comparing to the previous closing price of $2.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.26 and as low as $0.94.

Taking a look at 20-day trading activity of Lufax Holding Ltd ADR (LU) gives us an average price of $2.83, while its current price level is -17.73% below from 52-week high level whereas it is 183.84% 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 $2.90 while that of 200 days or SMA-200 reads an average of $3.34. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.39% during that period while stretching the period over a month that increases to 8.04%. 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 49.11 which implies that the stock is in neutral territory.

UBS downgraded its recommendation for the stock as a “Sell” from “Neutral” on August 24, 2023 while assigning a price target range of $1.60-$1. Bernstein issued its recommendations for the stock as it initiated the price target for the stock is $2.50.

Over the week, LU’s stock price is moving -2.55% down while it is -5.96% when we observe its performance for the past one month. Year-to-date it is 95.08% up and over the past year, the stock is showing a downside performance of -11.41%.

Currently, Lufax Holding Ltd ADR’s total number of outstanding shares is 838.05M. Company’s return on investment (ROI) stands at -0.45% and return on equity (ROE) at -0.67%. It has a 5.14 of forward P/E ratio. Stock’s beta reads 0.89. Stock has a price to book (P/B) ratio of 0.12 while price to sale or P/S ratio amounts to 0.51. Its return on asset (ROA) is -0.22% on average.