LexinFintech Holdings Ltd ADR (NASDAQ:LX) traded at $3.68 at close of the session on current trade day and made an upward move of 9.85% on its previous day’s price.
Looking at the stock we see that its previous close was $3.35 and the beta (5Y monthly) reads 0.589 with the day’s price range being $3.35 – $3.83. The company has a trailing 12-month PE ratio of 5.64. In terms of its 52-week price range, LX has a high of $4.70 and a low of $1.56. The company’s stock has gained about 112.72% over that past 30 days.
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LexinFintech Holdings Ltd ADR has a market cap of $510.64 million and is expected to release its quarterly earnings report in November. With its Forward Dividend at 0.14 and a yield of 3.75%, the company’s investors could be anxious for the LX stock to gain ahead of the earnings release.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 1.94B, with a low of 1.94B and a high of 1.94B. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 1.93B, or 4.90% up from figures reported last year.
On the other hand, looking at the outlook for the LX stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Based on estimates by 5 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the LexinFintech Holdings Ltd ADR (LX) stock as a Hold, while 3 rate it as a Buy. 0 analyst(s) rate it as overweight while 1 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the LX stock currently stands at 2.39, and the current price level is 38.89% off its SMA20 and 76.40% from its 50-day simple moving average. The RSI (14) is pointing at 73.28 while the volatility over the past week is 13.97% and jumps to 12.33% over the past one month. The beta value is 0.58, while the average true range (ATR) is currently pointing at 0.39.
Coming back to LexinFintech Holdings Ltd ADR (NASDAQ:LX), we note that the average 3-month trading volume was 2.38 million, while that of the preceding 10-day period stands at 10.49 million. Current shares outstanding are 138.76 million.
The insiders hold 0.05% of the company’s shares while institutions hold 20.82%. The data shows that short shares as of 2024-09-30, stood at 0.3 million at a short ratio of 0.16. This represents a 35.00 short interest in shares outstanding on 2024-09-30. Shares short fall in September from the previous month at 0.32 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 100.00% up in year-to-date price movement.
