Shares of Lufax Holding Ltd American Depositary Shares two of which representing one (LU) Fall to a New 52-Week Low

July 20, 2021 10:30:03

Lufax Holding Ltd American Depositary Shares two of which representing one (NYSE:LU) traded today at a new 52-week low of $8.50. This new low was reached on below average trading volume as 2.2 million shares traded hands, while the average 30-day volume is approximately 7.3 million shares.

Lufax Holding Ltd American Depositary Shares two of which representing one (NYSE:LU) is currently priced 1.0% above its average consensus analyst price target of $8.67.

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.

In the past 52 weeks, Lufax Holding Ltd American Depositary Shares two of which representing one share prices are bracketed by a current low of $8.50 and a high of $20.17 and is now at $8.76.

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