LexinFintech Holdings Ltd ADR (NASDAQ:LX) currently has a daily average trading volume of 628.46K but it saw 4772307 shares traded in last market. With a market cap of 284.46M USD, the company’s current market price of $2.05 came rising about 13.89 while comparing to the previous closing price of $1.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.27 and as low as $1.56. In the recent trading on the day, stock has struck highest price mark of $1.93 while lowest mark touched by it was $2.0886.
Taking a look at 20-day trading activity of LexinFintech Holdings Ltd ADR (LX) gives us an average price of $1.7300, while its current price level is -9.69% below from 52-week high level whereas it is 31.41% 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 $1.7200 while that of 200 days or SMA-200 reads an average of $1.7800. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.73% during that period while stretching the period over a month that decreases to 3.48%. 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 76.98 which implies that the stock is in overbought 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 23.49% up while it is 15.82% when we observe its performance for the past one month. Year-to-date it is 11.41% up and over the past year, the stock is showing a downside performance of -5.96%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.55 beat the consensus estimate of 0.43 for the same. The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.85. Moreover, analysts are in estimates of $1.94B for current-quarter revenue.
Currently, LexinFintech Holdings Ltd ADR’s total number of outstanding shares is 138.76M. Company’s return on investment (ROI) stands at 6.60% and return on equity (ROE) at 8.37%. It has a price to earnings ratio (P/E ratio) of 3.14 while having a 2.08 of forward P/E ratio. Stock’s beta reads 0.56. Stock has a price to book (P/B) ratio of 0.26 while price to sale or P/S ratio amounts to 0.15. Its return on asset (ROA) is 3.47% on average.
