Lufax Holding Ltd ADR [LU] Revenue clocked in at $3.50 billion, up 104.54% YTD: What’s Next?

Lufax Holding Ltd ADR [NYSE: LU] traded at a high on Thursday, posting a 5.64 gain after which it closed the day’ session at $2.81.

The results of the trading session contributed to over 4268503 shares changing hands. Over the past one week, the price volatility of Lufax Holding Ltd ADR stands at 5.47% while the volatility over the past one month is 5.57%.

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The market cap for LU stock reached $2.35 billion, with 838.06 million shares outstanding and 837.75 million shares in the current float. Compared to the average trading volume of 3.05M shares, LU reached a trading volume of 4268503 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Lufax Holding Ltd ADR [LU]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LU shares is $3.01 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LU stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Lufax Holding Ltd ADR shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 24, 2024. The new note on the price target was released on January 25, 2024, representing the official price target for Lufax Holding Ltd ADR stock. Previously, the target price had yet another drop from $1.60 to $1, while UBS kept a Sell rating on LU stock.

The Average True Range (ATR) for Lufax Holding Ltd ADR is set at 0.19, with the Price to Sales ratio for LU stock in the period of the last 12 months amounting to 0.67. The Price to Book ratio for the last quarter was 0.20, with the Price to Cash per share for the same quarter was set at 6.58.

How has LU stock performed recently?

Lufax Holding Ltd ADR [LU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.85. With this latest performance, LU shares dropped by -17.11% in over the last four-week period, additionally plugging by 36.21% over the last 6 months – not to mention a rise of 48.10% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LU stock in for the last two-week period is set at 47.99, with the RSI for the last a single of trading hit 49.95, and the three-weeks RSI is set at 48.47 for Lufax Holding Ltd ADR [LU]. The present Moving Average for the last 50 days of trading for this stock 2.81, while it was recorded at 2.65 for the last single week of trading, and 3.13 for the last 200 days.

Earnings analysis for Lufax Holding Ltd ADR [LU]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LU. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lufax Holding Ltd ADR go to 32.08%.

Insider trade positions for Lufax Holding Ltd ADR [LU]

The top three institutional holders of LU stocks are: CAPE ANN ASSET MANAGEMENT LTD with ownership of 1.07 million shares, which is approximately 0.1863%. PINNACLE WEALTH PLANNING SERVICES, INC., holding 45991.0 shares of the stock with an approximate value of $$0.11 million in LU stocks shares; and PINNACLE WEALTH PLANNING SERVICES, INC., currently with $$35185.0 in LU stock with ownership which is approximately 0.0026%.