A Stock With Stellar Fundamentals? Lufax Holding Ltd ADR (NYSE:LU): Is It Right For You?

In yesterday’s Wall Street session, Lufax Holding Ltd ADR (NYSE:LU) shares traded at $4.32, down -0.69% from the previous session.

LU stock price is now 58.73% away from the 50-day moving average and 2.98% away from the 200-day moving average. The market capitalization of the company currently stands at $2.48B.

On August 24, 2023, UBS Downgraded its previous ‘Neutral’ rating to ‘Sell’ on the stock reducing its target price from $1.60 to quote $1, while ‘Bernstein’ rates the stock as ‘Outperform’

A total of 0.04% of the company’s stock is owned by insiders.

During the past 12 months, Lufax Holding Ltd ADR has had a low of $2.11 and a high of $8.72. The fifty day moving average price for LU is $2.7572 and a two-hundred day moving average price translates $4.1849 for the stock.

The latest earnings results from Lufax Holding Ltd ADR (NYSE: LU) was released for Dec, 2023. According to the Credit Services Company, earnings per share came in at -$0.21, missing analysts’ expectations of -$0.02 by -0.19. This compares to $0.32 EPS in the same period last year. The net profit margin was 2.70% and return on equity was 1.00% for LU. The company reported revenue of $1.1 billion for the quarter, compared to $1.85 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -40.51 percent. For the current quarter, analysts expect LU to generate $1.03B in revenue.

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