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The closing price of Recursion Pharmaceuticals Inc (NASDAQ: RXRX) was $8.85 for the day, down -3.28% from the previous closing price of $9.15. In other words, the price has decreased by -$3.28 from its previous closing price. On the day, 8.56 million shares were traded. RXRX stock price reached its highest trading level at $9.22 during the session, while it also had its lowest trading level at $8.62.
Ratios:
Our analysis of RXRX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.65 and its Current Ratio is at 4.65. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.11.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Morgan Stanley on May 22, 2023, initiated with a Equal-Weight rating and assigned the stock a target price of $8.
On March 16, 2023, Needham started tracking the stock assigning a Buy rating and target price of $17.
On September 16, 2022, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $20.KeyBanc Capital Markets initiated its Overweight rating on September 16, 2022, with a $20 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 14 ’24 when Secora Michael sold 15,000 shares for $9.27 per share. The transaction valued at 139,082 led to the insider holds 1,267,843 shares of the business.
Secora Michael sold 15,000 shares of RXRX for $139,798 on Jun 13 ’24. The Chief Financial Officer now owns 1,243,468 shares after completing the transaction at $9.32 per share. On Jun 11 ’24, another insider, Borgeson Blake, who serves as the Director of the company, sold 11,447 shares for $8.45 each. As a result, the insider received 96,763 and left with 7,188,563 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RXRX now has a Market Capitalization of 2103326464 and an Enterprise Value of 1857978112. For the stock, the TTM Price-to-Sale (P/S) ratio is 45.47 while its Price-to-Book (P/B) ratio in mrq is 5.40. Its current Enterprise Value per Revenue stands at 40.186 whereas that against EBITDA is -5.315.
Stock Price History:
Over the past 52 weeks, RXRX has reached a high of $16.75, while it has fallen to a 52-week low of $4.97. The 50-Day Moving Average of the stock is 1.65%, while the 200-Day Moving Average is calculated to be -0.73%.
Shares Statistics:
RXRX traded an average of 4.63M shares per day over the past three months and 4261190 shares per day over the past ten days. A total of 226.26M shares are outstanding, with a floating share count of 169.55M. Insiders hold about 28.62% of the company’s shares, while institutions hold 71.83% stake in the company. Shares short for RXRX as of 1715731200 were 42368012 with a Short Ratio of 9.42, compared to 1713139200 on 38704268. Therefore, it implies a Short% of Shares Outstanding of 42368012 and a Short% of Float of 26.88.
