With 1.56 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.77 million shares. The 52-week range on LU shows that it touched its highest point at $4.15 and its lowest point at $2.13 during that stretch. It currently has a 1-year price target of $2.96. Beta for the stock currently stands at 0.75.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LU was down-trending over the past week, with a drop of -2.72%, but this was down by -7.74% over a month. Three-month performance dropped to -10.34% while six-month performance rose 5.15%. The stock gained 30.00% in the past year, while it has gained 19.67% so far this year. A look at the trailing 12-month EPS for LU yields -0.76 with Next year EPS estimates of 1.17.
Float and Shares Shorts:
At present, 838.06 million LU shares are outstanding with a float of 837.97 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LU since 10 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$3.88755 being high and -$5.50268 being low. For LU, this leads to a yearly average estimate of -$4.3773.
