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 $2.90, up 0.35% from the previous day, and has decreased 33.94% in one year. It has underperformed other stocks in the Credit Services industry by 0.51 percentage points. Lufax Holding stock is currently +45% from its 52-week low of $2.00, and -39.96% from its 52-week high of $4.83.
At the moment, there are 1.73B LU shares outstanding. The market capitalization of LU is $2.51B. In the last 24 hours, 2.89M 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.
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- 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 0.21x, relative to Credit Services industry P/B ratio of 5.51x
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.
LU Momentum
Is LU Growing Revenue?
Last year, LU revenue was $3.56B. During the past 4 year, LU's revenue has gone up by -17.1% per year. This was slower than the Credit Services industry average of 9.89%.
Dive into LU's earnings and revenue performance here.
Who is buying/selling LU?
Over the past 12 months, insiders at LU have not bought or sold any shares.
Learn more about who owns LU shares here.
Does LU stock generate passive income?
No, Lufax Holding doesn't provide an income stream by paying out dividends.
What others are saying about LU
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your LU purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, use a limit order.
Click the Open button and your broker will place the order.
If you want additional assistance investing in stocks on eToro, watch 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 keep up with your stock purchase.
Start a watchlist to get the latest updates about your LU stock.
LU Feed
How to Buy Stock in Lufax Holding
To reiterate, here are the 6 steps to buy stock in Lufax Holding:
- 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 require a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Lufax Holding, click below.
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