LexinFintech Holdings Ltd ADR (NASDAQ:LX) shares, rose in value, with the stock price down by -2.16% to the previous day’s close as strong demand from buyers drove the stock to $7.26.
Actively observing the price movement in the last trading, the stock closed the session at $7.42. The PE ratio was 6.85 over 12-month period. Referring to stock’s 52-week performance, its high was $11.64, and the low was $1.57. On the whole, LX has fluctuated by -10.70% over the past month.
With the market capitalization of LexinFintech Holdings Ltd ADR currently standing at about $962.60 million, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.18, with its dividend yield at 2.51%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LX’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% 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 PEG ratio is about 0.08, with the price of LX currently trading nearly -12.24% and -15.42% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.14, while the 7-day volatility ratio is showing 5.37% which for the 30-day chart, stands at 4.96%. Furthermore, LexinFintech Holdings Ltd ADR (LX)’s beta value is 0.47, and its average true range (ATR) is 0.57.
A comparison of LexinFintech Holdings Ltd ADR (LX) with its peers suggests the former has fared considerably weaker in the market. LX showed an intraday change of -2.16% in last session, and over the past year, it grew by 296.72%%.
Data on historical trading for LexinFintech Holdings Ltd ADR (NASDAQ:LX) indicates that the trading volumes over the past 3 months, they’ve averaged 3.84 million. According to company’s latest data on outstanding shares, there are 132.59 million shares outstanding.
Nearly 0.00% of LexinFintech Holdings Ltd ADR’s shares belong to company insiders and institutional investors own 61.01% of the company’s shares. The stock has risen by 25.17% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LX stock heading into the next quarter.
