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LexinFintech (LX) Catches Eye: Stock Jumps 9.2%

Zacks Equity Research

LexinFintech Holdings Ltd. LX was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $10.28 –$12.15 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

LexinFintech currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

LexinFintech Holdings Ltd. Sponsored ADR Price

LexinFintech Holdings Ltd. Sponsored ADR Price | LexinFintech Holdings Ltd. Sponsored ADR Quote

Another stock worth considering in the Financial - Consumer Loans industry is Encore Capital Group Inc ECPG which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
 
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