Spotting A Winner: Lufax Holding Ltd ADR (NYSE: LU) Advances 3.62 And It Still Have Room To Run

Lufax Holding Ltd ADR (NYSE:LU) currently has a daily average trading volume of 3.10M but it saw 1847542 shares traded in last market. With a market cap of 1.92B USD, the company’s current market price of $2.29 came rising about 3.62 while comparing to the previous closing price of $2.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.10 and as low as $0.94. In the recent trading on the day, stock has struck highest price mark of $2.235 while lowest mark touched by it was $2.32.

Taking a look at 20-day trading activity of Lufax Holding Ltd ADR (LU) gives us an average price of $2.25, while its current price level is -26.13% below from 52-week high level whereas it is 142.53% 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 $2.57 while that of 200 days or SMA-200 reads an average of $3.10. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.96% during that period while stretching the period over a month that increases to 3.72%. 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 45.58 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 5.53% up while it is -13.91% when we observe its performance for the past one month. Year-to-date it is 66.69% up and over the past year, the stock is showing an upside performance of 20.69%.

Currently, Lufax Holding Ltd ADR’s total number of outstanding shares is 838.06M. Company’s return on investment (ROI) stands at -1.89% and return on equity (ROE) at -2.79%. It has a 5.55 of forward P/E ratio. Stock’s beta reads 0.87. Stock has a price to book (P/B) ratio of 0.12 while price to sale or P/S ratio amounts to 0.50. Its return on asset (ROA) is -0.98% on average.