Lufax Holding Ltd ADR (LU) – key numbers that make it a Strong Buy For Now

Lufax Holding Ltd ADR (NYSE: LU) is -0.42% lower on its value in year-to-date trading and has touched a low of $0.94 and a high of $4.15 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LU stock was last observed hovering at around $2.39 in the last trading session, with the day’s loss setting it -0.01%.

Currently trading at $2.38, the stock is -5.33% and -5.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing -0.42% at the moment leaves the stock -3.30% off its SMA200. LU registered 87.94% gain for a year compared to 6-month loss of -19.32%. The firm has a 50-day simple moving average (SMA 50) of $2.5202 and a 200-day simple moving average (SMA200) of $3.0954.

The stock witnessed a -2.86% gain in the last 1 month and extending the period to 3 months gives it a -39.75%, and is -2.06% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.93% over the week and 4.59% over the month.

Lufax Holding Ltd ADR (LU) has around 36215 employees, a market worth around $1.99B and $3.50B in sales. Fwd P/E is 10.65. Profit margin for the company is -13.43%. Distance from 52-week low is 152.07% and -42.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.49%).

The EPS is expected to shrink by -380.65% this year.

Lufax Holding Ltd ADR (LU) Top Institutional Holders

The shares outstanding are 838.06M, and float is at 837.78M with Short Float at 1.38%.

The top institutional shareholder in the company is CAPE ANN ASSET MANAGEMENT LTD with over 1.07 million shares valued at $2.53 million. The investor’s holdings represent 0.1863% of the LU Shares outstanding. As of 2024-06-30, the second largest holder is PINNACLE WEALTH PLANNING SERVICES, INC. with 45991.0 shares valued at $0.11 million to account for 0.008 of the shares outstanding. The other top investors are DGS CAPITAL MANAGEMENT, LLC which holds 16764.0 shares representing 0.0029% and valued at over $39731.0, while MCDONOUGH CAPITAL MANAGEMENT, INC holds 0.0026 of the shares totaling 14846.0 with a market value of $35185.0.