Lufax Holding Ltd ADR (NYSE: LU) is -9.83% lower on its value in year-to-date trading and has touched a low of $2.13 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 $2.74 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $2.66, the stock is -5.22% and -7.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing -2.92% at the moment leaves the stock -4.32% off its SMA200. LU registered 11.30% gain for a year compared to 6-month gain of 11.76%. The firm has a 50-day simple moving average (SMA 50) of $2.8786 and a 200-day simple moving average (SMA200) of $2.7801.
The stock witnessed a -8.28% loss in the last 1 month and extending the period to 3 months gives it a 7.26%, and is -2.56% 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 3.25% over the week and 2.86% over the month.
Fwd P/E is 2.28. Profit margin for the company is -13.43%. Distance from 52-week low is 24.88% and -35.90% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.49%).
The EPS is expected to grow by 249.27% this year
151.0 institutions hold shares in Lufax Holding Ltd ADR (LU), with institutional investors hold 12.25% of the company’s shares. The shares outstanding are 838.06M, and float is at 837.97M with Short Float at 0.82%. Institutions hold 12.02% of the Float.
The top institutional shareholder in the company is BAILLIE GIFFORD & CO with over 14.01 million shares valued at $33.21 million. The investor’s holdings represent 2.4447 of the LU Shares outstanding. As of 2024-06-30, the second largest holder is KRANE FUNDS ADVISORS LLC with 8.77 million shares valued at $20.8 million to account for 1.5309 of the shares outstanding. The other top investors are YUNQI CAPITAL LTD which holds 7.1 million shares representing 1.2384 and valued at over $16.82 million, while VANGUARD GROUP INC holds 1.198 of the shares totaling 6.87 million with a market value of $16.27 million.
