Pinnacle Wealth Planning Services Inc. purchased a new position in shares of Lufax Holding Ltd (NYSE:LU – Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 45,991 shares of the company’s stock, valued at approximately $194,000.
Several other large investors also recently made changes to their positions in the stock. Sequoia Financial Advisors LLC bought a new stake in Lufax during the 1st quarter valued at approximately $60,000. PFG Investments LLC acquired a new position in shares of Lufax in the 1st quarter worth approximately $76,000. PDS Planning Inc bought a new stake in Lufax during the 1st quarter worth approximately $78,000. Diversified Trust Co bought a new stake in Lufax during the 1st quarter worth approximately $92,000. Finally, DGS Capital Management LLC bought a new stake in Lufax during the 1st quarter worth approximately $111,000. Institutional investors own 69.14% of the company’s stock.
Lufax Price Performance
NYSE LU traded up $0.06 during trading hours on Friday, reaching $2.81. 1,147,587 shares of the company’s stock were exchanged, compared to its average volume of 5,158,914. The stock has a market cap of $1.61 billion, a PE ratio of -20.07, a price-to-earnings-growth ratio of 0.38 and a beta of 0.84. Lufax Holding Ltd has a one year low of $2.00 and a one year high of $7.64. The firm has a fifty day moving average of $3.13 and a 200-day moving average of $3.26. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.07.
About Lufax
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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