Shares of Lufax Holding Ltd (NYSE:LU – Get Free Report) dropped 4.5% on Tuesday . The stock traded as low as $2.76 and last traded at $2.76. Approximately 599,901 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 4,707,872 shares. The stock had previously closed at $2.89.
Lufax Stock Performance
The firm has a market capitalization of $1.58 billion, a price-to-earnings ratio of -19.64, a price-to-earnings-growth ratio of 0.38 and a beta of 0.84. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.70 and a current ratio of 1.70. The stock’s fifty day moving average is $2.99 and its two-hundred day moving average is $3.26.
Lufax (NYSE:LU – Get Free Report) last announced its earnings results on Monday, April 22nd. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.28). Lufax had a negative net margin of 2.17% and a negative return on equity of 0.72%. The business had revenue of $964.47 million for the quarter. Analysts forecast that Lufax Holding Ltd will post 0.21 earnings per share for the current year.
Hedge Funds Weigh In On Lufax
About Lufax
Lufax Holding Ltd operates as a financial service empowering institution for small and micro businesses in China. The company offers loan products, including general unsecured loans and secured loans, as well as consumer finance loans. It also provides wealth management products, such as asset management plans, mutual fund products, private investment fund products, and trust products.
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