LexinFintech Holdings Ltd. (NASDAQ:LX - Get Free Report)'s share price hit a new 52-week high on Thursday . The company traded as high as $6.28 and last traded at $6.23, with a volume of 1601402 shares changing hands. The stock had previously closed at $6.04.
Separately, Citigroup raised LexinFintech from a "neutral" rating to a "buy" rating in a research report on Tuesday, November 26th.
Check Out Our Latest Report on LX
The company has a market cap of $1.02 billion, a price-to-earnings ratio of 9.90 and a beta of 0.68. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.10. The firm's fifty day moving average price is $4.31 and its 200-day moving average price is $2.77.
Hedge funds have recently made changes to their positions in the business. Wolverine Trading LLC acquired a new position in LexinFintech during the third quarter worth $29,000. Centiva Capital LP acquired a new position in shares of LexinFintech during the 3rd quarter worth about $41,000. Kathmere Capital Management LLC bought a new stake in shares of LexinFintech in the 2nd quarter valued at about $36,000. Virtu Financial LLC acquired a new stake in LexinFintech in the 3rd quarter valued at about $74,000. Finally, SG Americas Securities LLC bought a new position in LexinFintech during the third quarter worth about $122,000.
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.
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