The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Lexeo Therapeutics Inc (NASDAQ: LXEO) closed at $3.25 down -26.97% from its previous closing price of $4.45. In other words, the price has decreased by -$26.97 from its previous closing price. On the day, 1.76 million shares were traded.
Ratios:
For a deeper understanding of Lexeo Therapeutics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.52 and its Current Ratio is at 5.52. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.06.
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, Robert W. Baird on June 13, 2024, initiated with a Outperform rating and assigned the stock a target price of $28.
On June 06, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $22.
On November 28, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $20.Stifel initiated its Buy rating on November 28, 2023, with a $20 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 19 ’25 when Townsend Richard Nolan sold 4,326 shares for $4.41 per share. The transaction valued at 19,091 led to the insider holds 220,119 shares of the business.
See Tai Sandi sold 1,486 shares of LXEO for $6,558 on Feb 19 ’25. The Chief Development Officer now owns 53,889 shares after completing the transaction at $4.41 per share. On Feb 19 ’25, another insider, Adler Eric, who serves as the Chief Medical Officer of the company, sold 2,359 shares for $4.41 each. As a result, the insider received 10,410 and left with 68,266 shares of the company.
Stock Price History:
Over the past 52 weeks, LXEO has reached a high of $19.50, while it has fallen to a 52-week low of $1.45. The 50-Day Moving Average of the stock is 5.05%, while the 200-Day Moving Average is calculated to be -54.12%.
Shares Statistics:
A total of 33.07M shares are outstanding, with a floating share count of 25.04M. Insiders hold about 24.57% of the company’s shares, while institutions hold 88.59% stake in the company.
