LexinFintech Holdings Ltd ADR (NASDAQ:LX) price on Friday, July 12, rose 2.30% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.78.
A look at the stock’s price movement, the close in the last trading session was $1.74. The PE ratio in trailing twelve months stood at 2.42. Turning to its 52-week performance, $3.01 and $1.56 were the 52-week high and 52-week low respectively. Overall, LX moved 2.01% over the past month.
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LexinFintech Holdings Ltd ADR’s market cap currently stands at around $229.16 million. The company has a Forward Dividend ratio of 0.18, with its dividend yield at 10.22%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.74B, representing a -5.10% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that LX is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
The technical evaluation for the stock shows the PEG ratio is 1.02, with LX’s current price about 6.62% and 0.61% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 60.48, while 7-day volatility ratio is 3.42% and 2.89% in the 30-day chart. Further, LexinFintech Holdings Ltd ADR (LX) has a beta value of 0.57, and an average true range (ATR) of 0.05.
If we refocus on LexinFintech Holdings Ltd ADR (NASDAQ:LX), historical trading data shows that trading volumes averaged 583.10K over the past 3 months. The company’s latest data on shares outstanding shows there are 128.74 million shares.
The 0.04% of LexinFintech Holdings Ltd ADR’s shares are in the hands of company insiders while institutional holders own 23.35% of the company’s shares. Current price change has pushed the stock -3.26% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LX stock continues to rise going into the next quarter.
