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After finishing at $8.35 in the prior trading day, Recursion Pharmaceuticals Inc (NASDAQ: RXRX) closed at $8.19, down -1.92%. In other words, the price has decreased by -$1.92 from its previous closing price. On the day, 3.47 million shares were traded. RXRX stock price reached its highest trading level at $8.48 during the session, while it also had its lowest trading level at $7.92.
Ratios:
Our goal is to gain a better understanding of RXRX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.65 and its Current Ratio is at 4.65. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.11.
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:
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 Jul 25 ’24 when Marriott Tina sold 6,000 shares for $8.13 per share. The transaction valued at 48,809 led to the insider holds 535,457 shares of the business.
Borgeson Blake sold 11,447 shares of RXRX for $97,041 on Jul 23 ’24. The Director now owns 7,155,663 shares after completing the transaction at $8.48 per share. On Jul 11 ’24, another insider, Gibson Christopher, who serves as the Chief Executive Officer of the company, sold 50,000 shares for $7.47 each. As a result, the insider received 373,500 and left with 758,738 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 2198466048 and an Enterprise Value of 1701119616. For the stock, the TTM Price-to-Sale (P/S) ratio is 47.55 while its Price-to-Book (P/B) ratio in mrq is 5.00. Its current Enterprise Value per Revenue stands at 36.793 whereas that against EBITDA is -4.867.
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 -4.30%, while the 200-Day Moving Average is calculated to be -8.20%.
Shares Statistics:
The stock has traded on average 5.56M shares per day over the past 3-months and 3957660 shares per day over the last 10 days, according to various share statistics. A total of 226.26M shares are outstanding, with a floating share count of 198.84M. Insiders hold about 25.92% of the company’s shares, while institutions hold 75.64% stake in the company. Shares short for RXRX as of 1721001600 were 49327170 with a Short Ratio of 8.88, compared to 1718323200 on 44931836. Therefore, it implies a Short% of Shares Outstanding of 49327170 and a Short% of Float of 26.179999999999996.
