LexinFintech (NASDAQ:LX – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.28 earnings per share (EPS) for the quarter, Zacks reports. LexinFintech had a net margin of 5.34% and a return on equity of 7.47%.
LexinFintech Price Performance
Shares of LX stock opened at $10.59 on Wednesday. LexinFintech has a 52-week low of $1.56 and a 52-week high of $10.91. The stock has a market cap of $1.74 billion, a PE ratio of 16.81 and a beta of 0.60. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.66 and a current ratio of 1.66. The firm’s 50 day moving average price is $8.06 and its two-hundred day moving average price is $5.28.
Analyst Ratings Changes
Separately, Citigroup raised shares of LexinFintech from a “neutral” rating to a “buy” rating in a research note on Tuesday, November 26th.
About LexinFintech
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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