LexinFintech Holdings Ltd. (NASDAQ:LX - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 4,238,152 shares traded hands during mid-day trading, an increase of 56% from the previous session's volume of 2,719,645 shares.The stock last traded at $9.07 and had previously closed at $8.72.
Wall Street Analyst Weigh In
Separately, Citigroup upgraded shares of LexinFintech from a "neutral" rating to a "buy" rating in a report on Tuesday, November 26th.
Get Our Latest Stock Report on LX
LexinFintech Trading Down 15.5 %
The company has a debt-to-equity ratio of 0.10, a current ratio of 1.66 and a quick ratio of 1.66. The stock has a market cap of $1.30 billion, a PE ratio of 12.56 and a beta of 0.66. The company's fifty day moving average is $6.97 and its 200-day moving average is $4.39.
LexinFintech (NASDAQ:LX - Get Free Report) last issued its quarterly earnings data on Monday, November 25th. The company reported $0.26 earnings per share (EPS) for the quarter. LexinFintech had a return on equity of 7.47% and a net margin of 5.34%.
Hedge Funds Weigh In On LexinFintech
Several large investors have recently made changes to their positions in the company. Wolverine Trading LLC acquired a new position in shares of LexinFintech during the 3rd quarter worth approximately $29,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in LexinFintech in the 4th quarter worth $29,000. Centiva Capital LP acquired a new position in LexinFintech during the third quarter worth $41,000. Ameriprise Financial Inc. purchased a new position in LexinFintech during the fourth quarter valued at $61,000. Finally, IQ EQ FUND MANAGEMENT IRELAND Ltd purchased a new position in LexinFintech during the fourth quarter valued at $70,000.
About LexinFintech
(
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LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending.
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