A new trading day began on November 20, 2023, with Lufax Holding Ltd ADR (NYSE: LU) stock priced at $0.92, down -0.01% from the previous day of trading. During the day, the shares moved up to $0.97 and dropped to $0.8906 before settling in for the closing price of $0.91. LU’s price has ranged from $0.82 to $3.32 over the past 52 weeks.
Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 15.66%. Meanwhile, its annual earnings per share averaged -75.10%. With a float of $2.29 billion, this company’s outstanding shares have now reached $2.29 billion.
Considering the fact that the conglomerate employs 71034 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +73.84, operating margin of +21.41, and the pretax margin is +18.79.
Lufax Holding Ltd ADR (LU) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Credit Services Industry. The insider ownership of Lufax Holding Ltd ADR is 0.04%, while institutional ownership is 17.77%.
Lufax Holding Ltd ADR (LU) Earnings and Forecasts
In its latest quarterly report, released on 9/29/2023, the company reported earnings of $0.01 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +12.56 while generating a return on equity of 9.26. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -75.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -8.55% during the next five years compared to 9.51% growth over the previous five years of trading.
Lufax Holding Ltd ADR (NYSE: LU) Trading Performance Indicators
Here are Lufax Holding Ltd ADR’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.06, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.26 in one year’s time.
Technical Analysis of Lufax Holding Ltd ADR (LU)
Compared to the last year’s volume of 12.99 million, its volume of 60.03 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 31.39%. Additionally, its Average True Range was 0.08.
During the past 100 days, Lufax Holding Ltd ADR’s (LU) raw stochastic average was set at 8.52%, which indicates a significant decrease from 27.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 136.53% in the past 14 days, which was higher than the 77.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0368, while its 200-day Moving Average is $1.5624. Nevertheless, the first resistance level for the watch stands at $0.9558 in the near term. At $1.0026, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.0352. If the price goes on to break the first support level at $0.8764, it is likely to go to the next support level at $0.8438. Should the price break the second support level, the third support level stands at $0.7970.
Lufax Holding Ltd ADR (NYSE: LU) Key Stats
With a market capitalization of 2.08 billion, the company has a total of 2,292,532K Shares Outstanding. Currently, annual sales are 8,636 M while annual income is 1,293 M. The company’s previous quarter sales were 1,278 M while its latest quarter income was 133,130 K.