During the recent session, Lufax Holding Ltd ADR (NYSE:LU)’s traded shares were 0.93 million, with the beta value of the company hitting 0.89. At the last check today, the stock’s price was $2.93, reflecting an intraday gain of 6.93% or $0.19. The 52-week high for the LU share is $4.15, that puts it down -41.64 from that peak though still a striking 63.82% gain since the share price plummeted to a 52-week low of $1.06. The company’s market capitalization is $2.46B, and the average intraday trading volume over the past 10 days was 3.84 million shares, and the average trade volume was 3.26 million shares over the past three months.
Lufax Holding Ltd ADR (LU) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.71. LU has a Sell rating from 1 analyst(s) out of 10 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Lufax Holding Ltd ADR (NYSE:LU) trade information
Lufax Holding Ltd ADR (LU) registered a 6.93% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 6.93% in intraday trading to $2.93, hitting a weekly high. The stock’s 5-day price performance is 18.62%, and it has moved by 20.58% in 30 days. Based on these gigs, the overall price performance for the year is 177.44%. The short interest in Lufax Holding Ltd ADR (NYSE:LU) is 9.54 million shares and it means that shorts have 3.21 day(s) to cover.
The consensus price target of analysts on Wall Street is $3.16, which implies an increase of 7.28% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.13 and $3.18 respectively. As a result, LU is trading at a discount of -8.53% off the target high and -6.83% off the low.
Lufax Holding Ltd ADR (LU) estimates and forecasts
In the rating firms’ projections, revenue will decrease -28.05% compared to the previous financial year.
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 -385.86% in 2025, the next five years will return 31.00% per annum.
LU Dividends
Lufax Holding Ltd ADR is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Lufax Holding Ltd ADR (NYSE:LU)’s Major holders
The next largest institutional holding, with 45991.0 shares, is of PINNACLE WEALTH PLANNING SERVICES, INC.’s that is approximately 0.008% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.11 million.
Also, the Mutual Funds coming in first place with the largest holdings of Lufax Holding Ltd ADR (LU) shares are KraneShares CSI China Internet ETF and SPDR (R) Ser Tr-SPDR� Kensho New Economies Composite ETF. Data provided on Sep 30, 2024 indicates that KraneShares CSI China Internet ETF owns about 7.63 shares. This amounts to just over 0.88 percent of the company’s overall shares, with a $22.33 million market value. The same data shows that the other fund manager holds slightly less at 2.88, or about 0.33% of the stock, which is worth about $8.44 million.
