LexinFintech Holdings Ltd ADR (NASDAQ:LX) currently has a daily average trading volume of 3.66M but it saw 1573177 shares traded in last market. With a market cap of 457.91M USD, the company’s current market price of $3.30 came falling about -0.90 while comparing to the previous closing price of $3.33. 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 $3.235 while lowest mark touched by it was $3.4149.
Taking a look at 20-day trading activity of LexinFintech Holdings Ltd ADR (LX) gives us an average price of $3.35, while its current price level is -29.79% below from 52-week high level whereas it is 111.54% 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 $2.96 while that of 200 days or SMA-200 reads an average of $2.06. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.59% during that period while stretching the period over a month that increases to 7.04%. 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 52.36 which implies that the stock is in neutral 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 4.10% up while it is 3.12% when we observe its performance for the past one month. Year-to-date it is 79.35% up and over the past year, the stock is showing an upside performance of 60.98%.
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 5.06 while having a 3.39 of forward P/E ratio. Stock’s beta reads 0.56. Stock has a price to book (P/B) ratio of 0.41 while price to sale or P/S ratio amounts to 0.24. Its return on asset (ROA) is 3.47% on average.
