LexinFintech Holdings Ltd. (LX), a Chinese consumer finance company, saw its stock soar 5.01% in pre-market trading on Friday. This significant uptick comes as the company gains recognition among investors as a promising penny stock with solid financial health.

The surge in LexinFintech's stock price can be attributed to several factors. Firstly, Asian equities traded in the US have shown resilience, with LexinFintech standing out as one of the top gainers. In early Friday trading, LX was up 2.9%, outperforming many of its peers in the Asian ADR market.

Moreover, LexinFintech has been featured in a list of top 10 penny stocks in the United States, further boosting its visibility among investors. With a share price of $3.39 and a market capitalization of $607.43 million, the company has caught the attention of those looking for potential growth opportunities in the penny stock segment. The stock's inclusion in this list highlights its attractive risk-reward profile, boasting 4 positive indicators against 2 risk factors, according to the analysis.

As investors continue to seek diversification beyond tech giants and explore opportunities in smaller cap stocks, LexinFintech's strong showing suggests growing confidence in its business model and financial stability. However, as with all penny stocks, investors should remain cautious and conduct thorough research before making investment decisions.