Market Recap Check: Lixte Biotechnology Holdings Inc (LIXT)’s Positive Finish at 2.00, Up/Down 11.12

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The price of Lixte Biotechnology Holdings Inc (NASDAQ: LIXT) closed at $2.00 in the last session, up 11.12% from day before closing price of $1.80. In other words, the price has increased by $11.12 from its previous closing price. On the day, 1.44 million shares were traded. LIXT stock price reached its highest trading level at $2.1 during the session, while it also had its lowest trading level at $1.59.

Ratios:

We take a closer look at LIXT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 6.33 and its Current Ratio is at 6.33. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 03 ’23 when van der Baan Bastiaan Jeroen bought 10,000 shares for $2.80 per share. The transaction valued at 28,000 led to the insider holds 11,000 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LIXT now has a Market Capitalization of 4498804 and an Enterprise Value of 5403583.

Stock Price History:

Over the past 52 weeks, LIXT has reached a high of $4.42, while it has fallen to a 52-week low of $1.58. The 50-Day Moving Average of the stock is -12.16%, while the 200-Day Moving Average is calculated to be -19.62%.

Shares Statistics:

According to the various share statistics, LIXT traded on average about 33.25K shares per day over the past 3-months and 154510 shares per day over the past 10 days. A total of 2.25M shares are outstanding, with a floating share count of 1.80M. Insiders hold about 20.15% of the company’s shares, while institutions hold 7.93% stake in the company. Shares short for LIXT as of 1722384000 were 8024 with a Short Ratio of 0.24, compared to 1719532800 on 16149. Therefore, it implies a Short% of Shares Outstanding of 8024 and a Short% of Float of 0.37.

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