LexinFintech Holdings Ltd ADR (NASDAQ:LX) currently has a daily average trading volume of 1.64M but it saw 6897272 shares traded in last market. With a market cap of 471.78M USD, the company’s current market price of $3.40 came rising about 3.03 while comparing to the previous closing price of $3.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.70 and as low as $1.56. In the recent trading on the day, stock has struck highest price mark of $3.03 while lowest mark touched by it was $3.565.
Taking a look at 20-day trading activity of LexinFintech Holdings Ltd ADR (LX) gives us an average price of $2.06, while its current price level is -27.66% below from 52-week high level whereas it is 117.95% 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 $1.86 while that of 200 days or SMA-200 reads an average of $1.81. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.34% during that period while stretching the period over a month that decreases to 8.44%. 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 86.90 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 65.85% up while it is 98.83% when we observe its performance for the past one month. Year-to-date it is 84.78% up and over the past year, the stock is showing an upside performance of 64.25%.
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 5.21 while having a 3.45 of forward P/E ratio. Stock’s beta reads 0.55. Stock has a price to book (P/B) ratio of 0.43 while price to sale or P/S ratio amounts to 0.25. Its return on asset (ROA) is 3.47% on average.
