During the recent session, Lufax Holding Ltd ADR (NYSE:LU)’s traded shares were 2.42 million, with the beta value of the company hitting 0.82. At the last check today, the stock’s price was $4.75, reflecting an intraday gain of 3.70% or $0.17. The 52-week high for the LU share is $7.64, that puts it down -60.84 from that peak though still a striking 55.58% gain since the share price plummeted to a 52-week low of $2.11. The company’s market capitalization is $2.59B, and the average trade volume was 5.23 million shares over the past three months.
Lufax Holding Ltd ADR (NYSE:LU) trade information
Lufax Holding Ltd ADR (LU) registered a 3.70% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 3.70% in intraday trading to $4.75, hitting a weekly high. The stock’s 5-day price performance is 9.44%, and it has moved by 10.71% in 30 days. Based on these gigs, the overall price performance for the year is -30.56%.
Lufax Holding Ltd ADR (LU) estimates and forecasts
Statistics show that Lufax Holding Ltd ADR has underperformed its competitors in share price, compared to the industry in which it operates. Lufax Holding Ltd ADR (LU) shares have gone up 23.79% during the last six months, with a year-to-date growth rate less than the industry average at -54.55% against 9.70. In the rating firms’ projections, revenue will decrease -15.80% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 961.48M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 897.14M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.47B and 1.28B respectively. In this case, analysts expect current quarter sales to shrink by -34.50% and then drop by -29.80% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -42.05%. While earnings are projected to return 122.97% in 2024, the next five years will return 70.94% per annum.
LU Dividends
Lufax Holding Ltd ADR is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Lufax Holding Ltd ADR is 0.16, with the dividend yield indicating at 3.28 percent, continuing the trend of increasing dividends in recent years.
