LexinFintech Holdings Ltd ADR’s recently made public that its Director Wang Neng acquired Company’s shares for reported $0.24 million on Dec 10 ’24. In the deal valued at $5.92 per share,40,000 shares were bought.
Then, WU Wei bought 29,000 shares, generating $160,950 in total proceeds.
Before that, Long Annabelle Yu bought 22,394 shares. LexinFintech Holdings Ltd ADR shares valued at $38,966 were divested by the Director at a price of $1.74 per share.
Citigroup upgraded its LexinFintech Holdings Ltd ADR [LX] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in late November from “a Buy” to “a Neutral”. CLSA also remained covering LX and has increased its forecast on March 16, 2023 with a “Buy” recommendation from previously “an Outperform” rating. Citigroup revised its rating on March 14, 2023. It rated LX as “a Buy” which previously was an “a Neutral”.
Price Performance Review of LX
On Tuesday, LexinFintech Holdings Ltd ADR [NASDAQ:LX] saw its stock fall -1.53% to $5.80. Over the last five days, the stock has lost -1.53%. Nevertheless, the stocks have risen 215.22% over the past one year. While a 52-week high of $6.36 was reached on 01/06/25, a 52-week low of $1.56 was recorded on 01/07/25. SMA at 50 days reached $4.68, while 200 days put it at $2.62.
Levels Of Support And Resistance For LX Stock
The 24-hour chart illustrates a support level at 5.63, which if violated will result in even more drops to 5.45. On the upside, there is a resistance level at 5.91. A further resistance level may holdings at 6.01. The Relative Strength Index (RSI) on the 14-day chart is 56.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.19%. Stochastics %K at 44.36% indicates the stock is a holding.
How much short interest is there in LexinFintech Holdings Ltd ADR?
A steep rise in short interest was recorded in LexinFintech Holdings Ltd ADR stocks on 2024-10-31, growing by 0.95 million shares to a total of 1.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.3 million shares. There was a rise of 75.8%, which implies that there is a positive sentiment for the stock.
