Market Insights: Recursion Pharmaceuticals Inc (RXRX)’s Notable Gain of 1.65, Closing at 6.76

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As of close of business last night, Recursion Pharmaceuticals Inc’s stock clocked out at $6.76, up 1.65% from its previous closing price of $6.65. In other words, the price has increased by $1.65 from its previous closing price. On the day, 4.15 million shares were traded. RXRX stock price reached its highest trading level at $7.035 during the session, while it also had its lowest trading level at $6.73.

Ratios:

To gain a deeper understanding of RXRX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.07 and its Current Ratio is at 6.07. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.13.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 17 ’24 when Borgeson Blake bought 11,447 shares for $6.84 per share.

Secora Michael sold 15,000 shares of RXRX for $94,730 on Sep 11 ’24. The Chief Financial Officer now owns 1,402,131 shares after completing the transaction at $6.32 per share. On Sep 10 ’24, another insider, Secora Michael, who serves as the Chief Financial Officer of the company, sold 15,000 shares for $6.17 each. As a result, the insider received 92,499 and left with 1,377,756 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 1876887168 and an Enterprise Value of 1514880512. For the stock, the TTM Price-to-Sale (P/S) ratio is 38.44 while its Price-to-Book (P/B) ratio in mrq is 3.25. Its current Enterprise Value per Revenue stands at 30.52 whereas that against EBITDA is -4.151.

Stock Price History:

Over the past 52 weeks, RXRX has reached a high of $15.74, while it has fallen to a 52-week low of $4.97. The 50-Day Moving Average of the stock is -6.36%, while the 200-Day Moving Average is calculated to be -25.35%.

Shares Statistics:

It appears that RXRX traded 5.69M shares on average per day over the past three months and 3815270 shares per day over the past ten days. A total of 226.26M shares are outstanding, with a floating share count of 218.42M. Insiders hold about 22.61% of the company’s shares, while institutions hold 77.17% stake in the company. Shares short for RXRX as of 1724976000 were 56030343 with a Short Ratio of 9.85, compared to 1722384000 on 50366647. Therefore, it implies a Short% of Shares Outstanding of 56030343 and a Short% of Float of 27.68.

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