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The closing price of Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) was $2.23 for the day, up 5.19% from the previous closing price of $2.12. In other words, the price has increased by $5.19 from its previous closing price. On the day, 4.58 million shares were traded. LXRX stock price reached its highest trading level at $2.32 during the session, while it also had its lowest trading level at $2.13.
Ratios:
Our analysis of LXRX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 15.56 and its Current Ratio is at 15.58. In the meantime, Its Debt-to-Equity ratio is 0.37 whereas as Long-Term Debt/Eq ratio is at 0.36.
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:
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 Nov 16 ’23 when COATS LONNEL bought 90,000 shares for $1.05 per share. The transaction valued at 94,797 led to the insider holds 914,359 shares of the business.
COATS LONNEL bought 10,000 shares of LXRX for $10,100 on Nov 10 ’23. The Chief Executive Officer now owns 824,359 shares after completing the transaction at $1.01 per share. On Oct 12 ’23, another insider, DEBBANE RAYMOND, who serves as the Director of the company, bought 148,820 shares for $1.03 each. As a result, the insider paid 153,805 and bolstered with 1,340,847 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, LXRX now has a Market Capitalization of 806127168 and an Enterprise Value of 299776960. For the stock, the TTM Price-to-Sale (P/S) ratio is 348.97 while its Price-to-Book (P/B) ratio in mrq is 1.90. Its current Enterprise Value per Revenue stands at 129.774 whereas that against EBITDA is -1.617.
Stock Price History:
The Beta on a monthly basis for LXRX is 1.38, which has changed by 0.022935748 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, LXRX has reached a high of $3.73, while it has fallen to a 52-week low of $0.92. The 50-Day Moving Average of the stock is 26.25%, while the 200-Day Moving Average is calculated to be 31.28%.
Shares Statistics:
LXRX traded an average of 2.71M shares per day over the past three months and 2765520 shares per day over the past ten days. A total of 361.49M shares are outstanding, with a floating share count of 351.32M. Insiders hold about 2.81% of the company’s shares, while institutions hold 62.59% stake in the company. Shares short for LXRX as of 1719532800 were 20197013 with a Short Ratio of 7.44, compared to 1717113600 on 25140140. Therefore, it implies a Short% of Shares Outstanding of 20197013 and a Short% of Float of 12.3900004.
