Lufax Holding Ltd ADR (LU) At $3.22 Offering A Unique Opportunity

Lufax Holding Ltd ADR (NYSE:LU) currently has a daily average trading volume of 2.92M but it saw 1612327 shares traded in last market. With a market cap of 2.70B USD, the company’s current market price of $3.22 came rising about 1.26 while comparing to the previous closing price of $3.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.15 and as low as $0.94. In the recent trading on the day, stock has struck highest price mark of $3.18 while lowest mark touched by it was $3.265.

Taking a look at 20-day trading activity of Lufax Holding Ltd ADR (LU) gives us an average price of $3.24, while its current price level is -22.41% below from 52-week high level whereas it is 241.03% 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 $2.75 while that of 200 days or SMA-200 reads an average of $3.11. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.69% during that period while stretching the period over a month that increases to 6.20%. 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 52.71 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 -5.01% down while it is 44.39% when we observe its performance for the past one month. Year-to-date it is 134.39% up and over the past year, the stock is showing an upside performance of 68.12%.

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 10.20 of forward P/E ratio. Stock’s beta reads 0.91. Stock has a price to book (P/B) ratio of 0.17 while price to sale or P/S ratio amounts to 0.71. Its return on asset (ROA) is -0.98% on average.