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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 $3.22, up 3.21% from the previous day, and has decreased 65.6% in one year. It has underperformed other stocks in the Credit Services industry by 0.82 percentage points. Lufax Holding stock is currently +52.61% from its 52-week low of $2.11, and -65.89% from its 52-week high of $9.44.

At the moment, there are 1.15B LU shares outstanding. The market capitalization of LU is $1.85B. In the last 24 hours, 8.29M LU shares were traded.

How to Buy Lufax Holding Stock

Not sure how to invest in Lufax Holding stock? Here's how.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Pick your payment method and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Step 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.

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  1. Click here to get started.
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  2. Input your personal data to create your new brokerage account.
  1. Submit your data by pressing the "Create Account" button.
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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.

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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

LU Price
$3.22
1w %
15.83%
1y %
-65.6%
5y %
N/A
P/E
14.7x
P/B
0.15x
P/S
0.34x
PEG
N/A
Revenue
$5.43B
Earnings
$134.61M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$1.85B
Next Earnings
Mar 11, 2024
Next Dividend
N/A

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/E ratio of 14.7x, relative to Credit Services industry P/E ratio of 29.37x
  • LU could be undervalued based on its P/B ratio of 0.15x, relative to Credit Services industry P/B ratio of 4.96x

You can do more valuation analysis on LU's stock here.

A quick look at LU Financials

Positive Financial Indicators:

  • LU's operating cash flow of $2.07B allows it to safely service it's debt of $6.47B.

Negative Financial Indicators:

  • LU earnings of $398.59M is not enough to cover its interest payments.
  • LU profit margin has gone down from 20.4% to 2.5% in the past year.
  • LU has a relatively high debt to equity ratio of 1.78.

LU Technicals

SMA10
2.84
SMA20
2.62
SMA50
2.61
SMA100
3.21
SMA200
4.42
MACD
0.14
MACD Signal
0.05
MACD Histogram
0.09
RSI
72.81
Stochastic %K
88.59
Stochastic %D
91.32
StochRSI %K
98.06
StochRSI %D
98.06

LU Performance Metrics

Last year, LU earnings were $134.61M. Over the past three year, LU's earnings have gone up by -97.67% per year. This was slower than the Credit Services industry average of 11.98%.

Last year, LU revenue was $5.43B. In the last three year, LU's revenue has gone up by -65.02% per year. This was slower than the Credit Services industry average of 9.53%.

Learn more about LU's earnings and revenue performance here.

What are LU insiders up to?

In the last 12 months, executives and large shareholders at LU have not bought or sold any shares.

Learn more about who owns LU shares here.

Does LU stock generate passive income?

Lufax Holding pays a dividend of 11.06%, compared to the Credit Services industry's average dividend yield of 4.01%. If you owned $1,000 of LU stock, you would have been paid $110.56 in the past year.

Find more info about Lufax Holding dividend yield and history here.

Get analysis from other investors

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Execute your LU purchase

There are 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 generally the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price limit, place a limit order.

Click the Open button and eToro will place your order.

If you require additional assistance investing in stocks on eToro, watch the helpful video below:

Open eToro Account

Step 6: Get the latest scoop on your LU position

Now that you own some shares in LU, you'll want to keep up with your shares.

Make a watchlist to keep track of 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:

  1. Decide where to buy Lufax Holding stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Analyze Lufax Holding stock
  5. Execute your LU purchase
  6. Get the latest scoop on your LU position

If you need a brokerage account, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep tabs on your investment in Lufax Holding, click below.

NYSE: LU
$3.22+0.10 (+3.21%)
Updated Mar 1, 2024
Open eToro Account
NYSE: LU
$3.22+0.10 (+3.21%)
Updated Mar 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lufax Holding share?

As of Mar 1, 2024, it costs $3.22 to buy one share of Lufax Holding stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.311 shares of LU.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Lufax Holding stock?

One way to place an order for Lufax Holding stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.