The price of Lexaria Bioscience Corp. (NASDAQ: LEXX) closed at $0.78 in the last session, up 13.21% from day before closing price of $0.69. In other words, the price has increased by $+0.0911 from its previous closing price. On the day, 1658850 shares were traded. LEXX stock price reached its highest trading level at $0.8800 during the session, while it also had its lowest trading level at $0.7030.
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Ratios:
We take a closer look at LEXX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 17.90 and its Current Ratio is at 17.90. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 09 when TURKEL CATHERINE C. bought 1,500 shares for $2.84 per share. The transaction valued at 4,267 led to the insider holds 1,500 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LEXX now has a Market Capitalization of 13.05M and an Enterprise Value of 9.54M. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.37 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 27.46 whereas that against EBITDA is -1.39.
Stock Price History:
Over the past 52 weeks, LEXX has reached a high of $3.60, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is 1.9469, while the 200-Day Moving Average is calculated to be 2.5036.
Shares Statistics:
According to the various share statistics, LEXX traded on average about 109.48K shares per day over the past 3-months and 561.58k shares per day over the past 10 days. A total of 5.95M shares are outstanding, with a floating share count of 4.89M. Insiders hold about 5.20% of the company’s shares, while institutions hold 11.60% stake in the company. Shares short for LEXX as of Apr 27, 2023 were 303.77k with a Short Ratio of 0.30M, compared to 338.53k on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.07% and a Short% of Float of 5.66%.
Earnings Estimates
The company has 0 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.22. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$1.07 and -$1.07 for the fiscal current year, implying an average EPS of -$1.07. EPS for the following year is -$0.84, with 1 analysts recommending between -$0.84 and -$0.84.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for LEXX’s current fiscal year. The highest revenue estimate was $450k, while the lowest revenue estimate was $450k, resulting in an average revenue estimate of $450k. In the same quarter a year ago, actual revenue was $255k, up 76.50% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $1.13M in the next fiscal year. The high estimate is $1.13M and the low estimate is $1.13M. The average revenue growth estimate for next year is up 151.10% from the average revenue estimate for this year.
