Lufax Holding Ltd (NYSE:LU - Get Free Report)'s share price traded up 4% during trading on Thursday . The company traded as high as $3.28 and last traded at $3.24. 481,386 shares were traded during trading, a decline of 86% from the average session volume of 3,374,324 shares. The stock had previously closed at $3.11.
Lufax Trading Down 4.0 %
The business has a fifty day simple moving average of $2.64 and a two-hundred day simple moving average of $2.64. The company has a market cap of $2.63 billion, a PE ratio of -3.94 and a beta of 0.77.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the business. Baillie Gifford & Co. grew its stake in shares of Lufax by 0.3% in the fourth quarter. Baillie Gifford & Co. now owns 14,667,069 shares of the company's stock worth $35,054,000 after acquiring an additional 49,964 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Lufax by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 7,143,366 shares of the company's stock valued at $17,073,000 after buying an additional 70,181 shares during the period. State Street Corp grew its position in shares of Lufax by 3.2% during the third quarter. State Street Corp now owns 4,960,609 shares of the company's stock worth $17,313,000 after buying an additional 155,006 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Lufax by 35.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,205,838 shares of the company's stock worth $10,052,000 after buying an additional 1,102,943 shares during the period. Finally, Tiger Pacific Capital LP acquired a new position in Lufax during the 4th quarter worth approximately $9,409,000. 69.14% of the stock is currently owned by hedge funds and other institutional investors.
About Lufax
(
Get Free Report)
Lufax Holding Ltd operates as a financial service empowering institution for small and micro businesses in China. The company offers loan products, including general unsecured loans and secured loans, as well as consumer finance loans. It also provides wealth management products, such as asset management plans, mutual fund products, private investment fund products, and trust products.
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