LexinFintech (LX) Earning Somewhat Positive News Coverage, Accern Reports
Headlines about LexinFintech (NASDAQ:LX) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. LexinFintech earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned media stories about the company an impact score of 44.5583975315693 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
LexinFintech (NASDAQ LX) opened at $14.88 on Thursday. The company has a current ratio of 0.90, a quick ratio of 0.89 and a debt-to-equity ratio of -0.29. LexinFintech has a 12-month low of $10.15 and a 12-month high of $18.29.
LX has been the subject of several analyst reports. Deutsche Bank initiated coverage on shares of LexinFintech in a research report on Tuesday, January 16th. They issued a “buy” rating and a $21.00 target price for the company. Goldman Sachs Group initiated coverage on shares of LexinFintech in a research report on Sunday, January 14th. They issued a “buy” rating and a $21.80 target price for the company.
LexinFintech Holdings Ltd is a holding company. The Company primarily engaged in providing online direct sales services and online consumer finance services. Through its subsidiaries, the Company offers personal installment loans, installment purchase loans and other loan products. The Company serves the credit needs of the customers aged between 18 and 36 in China.
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