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After finishing at $1.06 in the prior trading day, Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) closed at $0.98, down -8.00%. In other words, the price has decreased by -$8.00 from its previous closing price. On the day, 5.4 million shares were traded. LXRX stock price reached its highest trading level at $1.08 during the session, while it also had its lowest trading level at $0.9704.
Ratios:
Our goal is to gain a better understanding of LXRX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.43 and its Current Ratio is at 7.45. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.59.
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, H.C. Wainwright on June 17, 2024, initiated with a Buy rating and assigned the stock a target price of $10.
On April 30, 2024, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $5.
On March 07, 2023, Jefferies started tracking the stock assigning a Hold rating and target price of $3.Jefferies initiated its Hold rating on March 07, 2023, with a $3 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 15 ’24 when COATS LONNEL bought 300,000 shares for $1.60 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LXRX now has a Market Capitalization of 352527008 and an Enterprise Value of 194052992. For the stock, the TTM Price-to-Sale (P/S) ratio is 62.01 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 37.111 whereas that against EBITDA is -0.922.
Stock Price History:
Over the past 52 weeks, LXRX has reached a high of $3.73, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is -39.29%, while the 200-Day Moving Average is calculated to be -48.42%.
Shares Statistics:
The stock has traded on average 3.11M shares per day over the past 3-months and 3690600 shares per day over the last 10 days, according to various share statistics. A total of 361.49M shares are outstanding, with a floating share count of 310.15M. Insiders hold about 3.44% of the company’s shares, while institutions hold 67.30% stake in the company. Shares short for LXRX as of 1730332800 were 28649978 with a Short Ratio of 9.23, compared to 1727654400 on 26971057. Therefore, it implies a Short% of Shares Outstanding of 28649978 and a Short% of Float of 17.580000000000002.
