Do Traders Think Lufax Holding Ltd - ADR (LU) Can Turn Around Thursday?

The market has been down on Lufax Holding Ltd - ADR (LU) stock recently. LU gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Lufax Holding Ltd - ADR has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on LU!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With LU Stock Today?

Lufax Holding Ltd - ADR (LU) stock is higher by 0.88% while the S&P 500 is lower by -0.12% as of 1:58 PM on Thursday, Oct 19. LU has gained $0.01 from the previous closing price of $0.95 on volume of 13,629,643 shares. Over the past year the S&P 500 has gained 15.84% while LU is lower by -50.26%. LU earned $0.13 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 7.44. To see InvestorsObserver's Sentiment Score for Lufax Holding Ltd - ADR click here.

More About Lufax Holding Ltd - ADR

Lufax Holding Ltd is a technology-empowered personal financial services platform in China. The company address the large unmet demand for personal lending among small business owners as well as salaried workers in China and provides tailor-made wealth management solutions to China's middle class and affluent population. Its platform has two hubs namely Retail Credit Facilitation Hub and Wealth Management Hub. Click Here to get the full Stock Report for Lufax Holding Ltd - ADR stock.