LexinFintech Holdings Ltd ADR (NASDAQ: LX) Is Increase 59.27%, So Here’s What We Can Expect On The Upswing

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During the last session, LexinFintech Holdings Ltd ADR (NASDAQ:LX)’s traded shares were 0.68 million, with the beta value of the company hitting 0.56. At the end of the trading day, the stock’s price was $3.27, reflecting an intraday loss of -1.95% or -$0.06. The 52-week high for the LX share is $4.70, that puts it down -43.73 from that peak though still a striking 52.29% gain since the share price plummeted to a 52-week low of $1.56. The company’s market capitalization is $453.05M, and the average intraday trading volume over the past 10 days was 2.55 million shares, and the average trade volume was 3.66 million shares over the past three months.

LexinFintech Holdings Ltd ADR (LX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.80. LX has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it.

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LexinFintech Holdings Ltd ADR (NASDAQ:LX) trade information

LexinFintech Holdings Ltd ADR (LX) registered a -1.95% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.95% in intraday trading to $3.27, hitting a weekly high. The stock’s 5-day price performance is 3.00%, and it has moved by 2.03% in 30 days. Based on these gigs, the overall price performance for the year is 59.27%. The short interest in LexinFintech Holdings Ltd ADR (NASDAQ:LX) is 1.25 million shares and it means that shorts have 0.19 day(s) to cover.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -13.91%. While earnings are projected to return 76.98% in 2024, the next five years will return 2.36% per annum.

LX Dividends

LexinFintech Holdings Ltd ADR is due to release its next quarterly earnings in December. 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 LexinFintech Holdings Ltd ADR is 0.14, with the dividend yield indicating at 4.23 percent, continuing the trend of increasing dividends in recent years.

LexinFintech Holdings Ltd ADR (NASDAQ:LX)’s Major holders

The next largest institutional holding, with 1.64 million shares, is of TWO SIGMA ADVISERS, LP’s that is approximately 0.9903% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.7 million.

Also, the Mutual Funds coming in first place with the largest holdings of LexinFintech Holdings Ltd ADR (LX) shares are DFA Emerging Markets Core Equity Portfolio and Avantis Emerging Markets Equity ETF. Data provided on Jul 31, 2024 indicates that DFA Emerging Markets Core Equity Portfolio owns about 611.77 shares. This amounts to just over 0.48 percent of the company’s overall shares, with a $1.99 million market value. The same data shows that the other fund manager holds slightly less at 242.35, or about 0.19% of the stock, which is worth about $0.79 million.