The outlook and analysis of Lufax Holding Ltd ADR (LU)’s stock

A share price of Lufax Holding Ltd ADR [LU] is currently trading at $2.92, up 14.06%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LU shares have gain 22.18% over the last week, with a monthly amount glided 3.91%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, BofA Securities downgraded its rating to Neutral on January 25, 2024. On August 24, 2023, downgrade downgraded it’s rating to Sell and revised its price target to $1 on the stock. Bernstein started tracking the stock assigning a Outperform rating and suggested a price target of $2.50 on June 08, 2023. Macquarie upgraded its rating to a Outperform. Macquarie downgraded its rating to Underperform for this stock on March 14, 2023, but kept the price target unchanged to $1.50. In a note dated March 13, 2023, Citigroup downgraded an Neutral rating on this stock and revised its target price from $3.52 to $2.04.

Lufax Holding Ltd ADR experienced fluctuations in its stock price throughout the past year between $0.94 and $4.15. Currently, Wall Street analysts expect the stock to reach $3.16 within the next 12 months. Lufax Holding Ltd ADR [NYSE: LU] shares were valued at $2.92 at the most recent close of the market. An investor can expect a potential return of 8.22% based on the average LU price forecast.

Analyzing the LU fundamentals

Trailing Twelve Months sales for Lufax Holding Ltd ADR [NYSE:LU] were 3.50B which represents -29.27% decline. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.17%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.04 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.56.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.80 points at the first support level, and at 2.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.05, and for the 2nd resistance point, it is at 3.18.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.70, the price to book ratio is 0.20.

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