LU - Watch for Continued Losses in Shares of Lufax Holding Ltd American Depositary Shares two of which representing one (LU)
Lufax Holding Ltd American Depositary Shares two of which representing one (NYSE:LU) traded today at a new 52-week low of $7.05. This new low was reached on below average trading volume as 3.4 million shares traded hands, while the average 30-day volume is approximately 7.6 million shares.
Lufax Holding Ltd American Depositary Shares two of which representing one share prices have moved between a 52-week high of $20.17 and the current low of $7.05 and are currently at $7.87 per share.
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.
Lufax Holding Ltd American Depositary Shares two of which representing one has overhead space with shares priced $7.87, or 4.5% below the average consensus analyst price target of $8.24.
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