Should Investors Trust The Upside Potential In Lufax Holding Ltd ADR (LU)?

Lufax Holding Ltd ADR (NYSE:LU) currently has a daily average trading volume of 3.02M but it saw 1305391 shares traded in last market. With a market cap of 2.42B USD, the company’s current market price of $2.89 came falling about -5.25 while comparing to the previous closing price of $3.05. 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 $2.8801 while lowest mark touched by it was $3.06.

Taking a look at 20-day trading activity of Lufax Holding Ltd ADR (LU) gives us an average price of $3.40, while its current price level is -30.36% below from 52-week high level whereas it is 206.08% 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 $2.78 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 7.33% during that period while stretching the period over a month that decreases to 7.22%. 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 44.31 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 -10.25% down while it is 14.68% when we observe its performance for the past one month. Year-to-date it is 110.37% up and over the past year, the stock is showing an upside performance of 70.91%.

Currently, Lufax Holding Ltd ADR’s total number of outstanding shares is 838.06M. Company’s return on investment (ROI) stands at -2.49% and return on equity (ROE) at -3.79%. It has a 12.62 of forward P/E ratio. Stock’s beta reads 0.90. Stock has a price to book (P/B) ratio of 0.20 while price to sale or P/S ratio amounts to 0.69. Its return on asset (ROA) is -1.45% on average.