Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Lexaria Bioscience Corp (NASDAQ: LEXX) was $1.39 for the day, down -5.25% from the previous closing price of $1.47. In other words, the price has decreased by -$5.25 from its previous closing price. On the day, 0.89 million shares were traded. LEXX stock price reached its highest trading level at $1.73 during the session, while it also had its lowest trading level at $1.2681.
Ratios:
Our analysis of LEXX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 29.64 and its Current Ratio is at 29.64. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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 Dec 03 ’24 when CHRISTOPHER RICHARD bought 27,172 shares for $2.47 per share. The transaction valued at 67,175 led to the insider holds 50,000 shares of the business.
CHRISTOPHER RICHARD bought 22,828 shares of LEXX for $51,217 on Dec 02 ’24. The Chief Executive Officer now owns 22,828 shares after completing the transaction at $2.24 per share. On Aug 12 ’24, another insider, TURKEL CATHERINE C., who serves as the Director of the company, bought 1,600 shares for $3.13 each. As a result, the insider paid 5,008 and bolstered with 3,100 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, LEXX now has a Market Capitalization of 24398114 and an Enterprise Value of 16030431. For the stock, the TTM Price-to-Sale (P/S) ratio is 48.80 while its Price-to-Book (P/B) ratio in mrq is 2.48. Its current Enterprise Value per Revenue stands at 32.259 whereas that against EBITDA is -2.237.
Stock Price History:
The Beta on a monthly basis for LEXX is 0.95, which has changed by -0.6243243 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, LEXX has reached a high of $4.44, while it has fallen to a 52-week low of $1.15. The 50-Day Moving Average of the stock is -17.42%, while the 200-Day Moving Average is calculated to be -45.95%.
Shares Statistics:
LEXX traded an average of 151.66K shares per day over the past three months and 135330 shares per day over the past ten days. A total of 17.45M shares are outstanding, with a floating share count of 16.27M. Insiders hold about 7.31% of the company’s shares, while institutions hold 8.13% stake in the company. Shares short for LEXX as of 1740700800 were 550146 with a Short Ratio of 3.63, compared to 1738281600 on 610356. Therefore, it implies a Short% of Shares Outstanding of 550146 and a Short% of Float of 3.52.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
