$4.49M in average volume shows that Lufax Holding Ltd ADR (LU) is heading in the right direction

A new trading day began on Monday, with Lufax Holding Ltd ADR (NYSE: LU) stock price up 3.95% from the previous day of trading, before settling in for the closing price of $2.28. LU’s price has ranged from $0.94 to $3.10 over the past 52 weeks.

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During the last 5-year period, the sales growth of Financial Sector giant was 1.13%. Meanwhile, its annual earnings per share averaged -100.57%. With a float of $837.74 million, this company’s outstanding shares have now reached $838.05 million.

Let’s determine the extent of company efficiency that accounts for 36215 employees. In terms of profitability, gross margin is 50.87%, operating margin of 3.35%, and the pretax margin is 3.86%.

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 12.02%.

Lufax Holding Ltd ADR (LU) Earnings and Forecasts

In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.24 per share, which was $0.1 higher 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). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -100.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 71.12% during the next five years compared to -42.05% drop 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 0.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.58, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.39 in one year’s time.

Technical Analysis of Lufax Holding Ltd ADR (LU)

Looking closely at Lufax Holding Ltd ADR (NYSE: LU), its last 5-days average volume was 3.31 million, which is a drop from its year-to-date volume of 4.3 million. As of the previous 9 days, the stock’s Stochastic %D was 11.67%. Additionally, its Average True Range was 0.17.

During the past 100 days, Lufax Holding Ltd ADR’s (LU) raw stochastic average was set at 12.59%, which indicates a significant decrease from 17.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.43% in the past 14 days, which was lower than the 141.40% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.66, while its 200-day Moving Average is $3.23. However, in the short run, Lufax Holding Ltd ADR’s stock first resistance to watch stands at $2.45. Second resistance stands at $2.53. The third major resistance level sits at $2.61. If the price goes on to break the first support level at $2.28, it is likely to go to the next support level at $2.20. Should the price break the second support level, the third support level stands at $2.12.

Lufax Holding Ltd ADR (NYSE: LU) Key Stats

With a market capitalization of 1.99 billion, the company has a total of 573,540K Shares Outstanding. Currently, annual sales are 4,840 M while annual income is 125,310 K. The company’s previous quarter sales were 964,470 K while its latest quarter income was -120,560 K.