|Bid||10.51 x 900|
|Ask||10.52 x 1100|
|Day's Range||10.17 - 10.53|
|52 Week Range||6.48 - 14.66|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||11.33|
|Earnings Date||Aug 30, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||17.46|
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
SHENZHEN, China, Sept. 30, 2019 /PRNewswire/ -- LexinFintech Holdings Ltd. (LX) ("Lexin" or the "Company"), a leading fintech platform for educated young adults in China, today announced that Mr. Suining Xiao has been appointed to its Board of Directors, effective September 30, 2019. Mr. Xiao is appointed as a designee of PAG, a leading Asia-focused private equity firm, in connection with PAG's purchase of convertible notes from the Company, a transaction that was announced on September 11, 2019 and consummated on September 16, 2019.
Carl Delfeld is a long-standing expert on international investing; more recently, he became the senior editor of Cabot Global Stocks Explorer. Here, he looks at a trio of Asian play in the financial sector.
SHENZHEN, China, Sept. 11, 2019 /PRNewswire/ -- LexinFintech Holdings Ltd. (LX) ("Lexin" or the "Company"), a leading fintech platform for educated young adults in China, today announced that it has entered into a convertible note purchase agreement with PAG, a leading Asia-focused private equity firm with over US$30 billion in capital under management, pursuant to which the Company will issue and sell convertible notes in an aggregate principal amount of US$300 million to PAG through a private placement. The private placement is subject to satisfaction of customary closing conditions and is expected to close on or around September 16, 2019. The gross proceeds raised from this placement will be approximately US$296.4 million.
SHENZHEN, China, Aug. 30, 2019 -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading online consumer finance platform for educated young adults in.
SHENZHEN, China , Aug. 29 , 2019 /PRNewswire/ -- LexinFintech Holdings Ltd. ("Lexin" or the "Company") (NASDAQ: LX), a leading online consumer finance platform for educated young adults ...
BEIJING, July 26, 2019 /PRNewswire/ -- LexinFintech Holdings Ltd. ("Lexin") (NASDAQ: LX), a leading fintech platform for educated young adults in China, has been awarded the Best Lending Technology Initiative, Application or Programme in China by The Asian Banker, whose awards are seen as undisputed benchmarks measuring the performance of the best banks and fintech companies in Asia. "The technology combination of big data and artificial intelligence (AI) adopted by Lexin to assess customers' creditworthiness has enabled the company to develop a risk management system that can automatically handle 98% of all loan applications while maintaining a charge-off rate of under 2%," The Asian Banker commented.
SWAN aims to provide downside protection and LEND is an innovative FinTech ETF. Learn more about these Amplify ETFs on the podcast.
We at Insider Monkey have gone over 738 13F filings that hedge funds and famous value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st. In this article we look at what those investors think of LexinFintech Holdings Ltd. (NASDAQ:LX). LexinFintech Holdings […]
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