How to Buy Lufax Holding Stock
Lufax Holding Ltd
Lufax Holding is a credit service company located in China, which is part of the Financial Services sector, and is traded under the ticker LU on the NYSE exchange.
Lufax Holding stock last closed at $2.36, down 2.88% from the previous day, and has decreased 43.27% in one year. It has underperformed other stocks in the Credit Services industry by 0.54 percentage points. Lufax Holding stock is currently +18% from its 52-week low of $2.00, and -52.23% from its 52-week high of $4.94.
At the moment, there are 1.73B LU shares outstanding. The market capitalization of LU is $2.05B. In the last 24 hours, 4.72M LU shares were traded.
How to Buy Lufax Holding Stock
Not sure how to invest in Lufax Holding stock? Here's how.
- Decide where to buy Lufax Holding stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you figure out where to buy Lufax Holding stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Pick your payment method and add your details.
- Analyze Lufax Holding stock: The Lufax Holding ticker symbol is LU. Is Lufax Holding stock a good investment? Should you buy shares of LU? How do LU's underlying business fundamentals look? Do top analysts think Lufax Holding is a good buy? Why has LU's stock price moved recently? (Hint: Our stock research website can help you decide if LU is a good stock to buy).
- Execute your LU purchase: Decide if you will purchase LU shares at the current market price or use a limit order to buy LU shares at a specific price.
- Get the latest scoop on your LU position: Create a watchlist to track your position in Lufax Holding shares.
Step 1: Decide where to buy Lufax Holding stock
You will need a brokerage account in order to access the NYSE market and buy LU shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global markets: From Technology to Industrials, New York to Tokyo (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal info so you can invest in LU today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create your new brokerage account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've filled out your info on the best stock market app, you need to deposit funds:
Watch the video below if you need help depositing money into your new brokerage account.
Step 4: Analyze Lufax Holding stock
Once you have decided on the best place to buy Lufax Holding stock, it's crucial to evaluate their stock before you invest, so you truly understand the risk and opportunity.
Lufax Holding shares data
Lufax Holding Fundamentals
WallStreetZen was built to help part-time investors do better fundamental analysis quickly.
You can see all of the due diligence checks on LU's stock page.
Is LU stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge LU's intrinsic value.
Using relative valuations methods:
- LU could be undervalued based on its P/B ratio of 0.17x, relative to Credit Services industry P/B ratio of 5.13x
You can access more valuation research on LU's stock here.
LU Financial Summary
Negative Financial Indicators:
- LU profit margin has gone down from 2.2% to -13.3% in the past year.
- LU earnings of -$251.58M is not enough to cover its interest payments.
- LU has a relatively high debt to equity ratio of 1.42.
- LU's operating cash flow of $1.22B allows it to safely service it's debt of $7.20B.
Do Wall Street analysts think it's a good time to buy Lufax Holding stock
Out of 1 Wall Street analysts who give ratings on LU, the consensus analyst rating on Lufax Holding is a Hold
It's important to note that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Lufax Holding stock forecast page.
LU Technical Indicators
LU Growth Metrics
Last year, LU revenue was $3.56B. Over the past four year, LU's revenue has gone up by -17.1% per year. This was slower than the Credit Services industry average of 9.73%.
You can analyze LU's earnings and revenue performance here.
Are LU executives and large shareholders buying or selling the stock?
In the past 12 months, executives and large shareholders at LU have not bought or sold any shares.
Dig into more about who owns LU shares here.
Can I get consistent income from LU stock?
No, Lufax Holding doesn't provide an income stream by paying out dividends.
What do other investors have to say about LU?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other community members have to say.
Step 5: Execute your LU purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, place a limit order.
Hit the Open button and eToro will place your order.
If you want additional help with buying stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your LU position
Now that you own some LU stock, you'll want to stay up-to-date on your new company.
Start a watchlist to track the latest developments regarding your LU stock.
LU Feed
How to Buy Stock in Lufax Holding
To reiterate, here are the 6 steps to buy Lufax Holding stock:
- Decide where to buy Lufax Holding stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Analyze Lufax Holding stock
- Execute your LU purchase
- Get the latest scoop on your LU position
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to track your new investment in Lufax Holding, get started below.
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