Is Lufax Holding Ltd - ADR (LU) Stock About to Get Hot Wednesday?

Lufax Holding Ltd - ADR (LU) stock is up 2.62% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Lufax Holding Ltd - ADR has a Neutral 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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With LU Stock Today?

Lufax Holding Ltd - ADR (LU) stock has fallen -8.06% while the S&P 500 is up 0.63% as of 10:26 AM on Wednesday, Jun 22. LU has fallen -$0.55 from the previous closing price of $6.82 on volume of 29,932,415 shares. Over the past year the S&P 500 is down -10.33% while LU has fallen -48.73%. LU earned $1.01 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.22.

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.