Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. LexinFintech Holdings Ltd ADR’s current trading price is -37.13% away from its 52-week high, while its distance from the 52-week low is 16.62%. The stock’s price range during this period has varied between $1.62 and $3.01. The company, active in the Financial sector, saw a trading volume of around 3.0 million for the day, considerably higher average daily volume of 0.96 million observed over the last three months.
LexinFintech Holdings Ltd ADR’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $3.01 on 07/31/23, and the lowest price during the same period was recorded at $1.62 on 12/13/23.
How Financial Performance Impacts Market Capitalization
LexinFintech Holdings Ltd ADR (LX) has experienced a quarterly rise of 0.49% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 262.16M and boasts a workforce of 3872 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.86, with a change in price of +0.12. Similarly, LexinFintech Holdings Ltd ADR recorded 807,636 in trading volume during the last 100 days, posting a change of +6.42%.
How LX’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for LX stands at 0.56. Similarly, the long-term debt-to-equity ratio is also 0.10.
LX Stock Stochastic Average
As of today, the raw stochastic average of LexinFintech Holdings Ltd ADR over the past 50 days is 45.22%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 45.56%. Additionally, the Stochastic %K and %D values for the company were 80.10% and 83.02%, respectively, over the past 20 days.
LX Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 2.68%.However, over the last six months, we can see a stronger performance of -12.94%. Over the last 30 days, the price of LX has fallen by 7.35%. And in the last five days, it has fallen by -2.61%.
