LexinFintech (NASDAQ:LX) Shares Gap Up – What’s Next?

Posted by Andrew Walz on Mar 5th, 2025

LexinFintech Holdings Ltd. (NASDAQ:LX – Get Free Report)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $8.50, but opened at $8.95. LexinFintech shares last traded at $9.26, with a volume of 532,694 shares.

Analyst Ratings Changes

Separately, Citigroup raised LexinFintech from a “neutral” rating to a “buy” rating in a research note on Tuesday, November 26th.

Check Out Our Latest Stock Report on LX

LexinFintech Stock Performance

The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.10. The stock’s 50-day moving average price is $7.33 and its 200 day moving average price is $4.73. The company has a market cap of $1.56 billion, a P/E ratio of 15.26 and a beta of 0.60.

Hedge Funds Weigh In On LexinFintech

A number of institutional investors have recently made changes to their positions in the business. Mackenzie Financial Corp acquired a new stake in shares of LexinFintech in the fourth quarter worth $1,371,000. Public Employees Retirement System of Ohio increased its stake in LexinFintech by 8.3% during the fourth quarter. Public Employees Retirement System of Ohio now owns 185,988 shares of the company’s stock valued at $1,079,000 after acquiring an additional 14,227 shares during the period. Voloridge Investment Management LLC acquired a new position in LexinFintech in the 4th quarter valued at approximately $2,565,000. Squarepoint Ops LLC bought a new position in LexinFintech in the fourth quarter worth $230,000. Finally, Point72 Asset Management L.P. acquired a new stake in LexinFintech during the fourth quarter worth $1,053,000.

LexinFintech Company Profile

(Get Free Report)

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.