Lufax Holding Ltd ADR (NYSE:LU) shares, rose in value on Wednesday, March 26, with the stock price down by -0.33% to the previous day’s close as strong demand from buyers drove the stock to $3.06.
Actively observing the price movement in the last trading, the stock closed the session at $3.07, falling within a range of $3.0 and $3.08. The value of beta (5-year monthly) was 0.689. Referring to stock’s 52-week performance, its high was $4.15, and the low was $1.79. On the whole, LU has fluctuated by 1.32% over the past month.
With the market capitalization of Lufax Holding Ltd ADR currently standing at about $2.56 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-25.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LU’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the price of LU currently trading nearly -0.78% and 8.67% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.87, while the 7-day volatility ratio is showing 4.24% which for the 30-day chart, stands at 4.47%. Furthermore, Lufax Holding Ltd ADR (LU)’s beta value is 0.78, and its average true range (ATR) is 0.15.
A comparison of Lufax Holding Ltd ADR (LU) with its peers suggests the former has fared considerably weaker in the market. LU showed an intraday change of -0.33% in last session, and over the past year, it grew by 52.64%%.
Data on historical trading for Lufax Holding Ltd ADR (NYSE:LU) indicates that the trading volumes over the past 10 days have averaged 4.36 and over the past 3 months, they’ve averaged 3.52 million. According to company’s latest data on outstanding shares, there are 838.06 million shares outstanding.
Nearly 0.01% of Lufax Holding Ltd ADR’s shares belong to company insiders and institutional investors own 10.40% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 12.28 million shares as on 2025-03-14, resulting in a short ratio of 3.06. The stock has risen by 28.03% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LU stock heading into the next quarter.
