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The closing price of Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) was $1.60 for the day, up 3.90% from the previous closing price of $1.54. In other words, the price has increased by $3.90 from its previous closing price. On the day, 2.81 million shares were traded. LXRX stock price reached its highest trading level at $1.64 during the session, while it also had its lowest trading level at $1.55.
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 11.49 and its Current Ratio is at 11.51. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.43.
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 Aug 15 ’24 when COATS LONNEL bought 300,000 shares for $1.60 per share.
COATS LONNEL bought 90,000 shares of LXRX for $94,797 on Nov 16 ’23. The Chief Executive Officer now owns 914,359 shares after completing the transaction at $1.05 per share. On Nov 10 ’23, another insider, COATS LONNEL, who serves as the Chief Executive Officer of the company, bought 10,000 shares for $1.01 each. As a result, the insider paid 10,100 and bolstered with 824,359 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 578387200 and an Enterprise Value of 374099680. For the stock, the TTM Price-to-Sale (P/S) ratio is 158.90 while its Price-to-Book (P/B) ratio in mrq is 2.41. Its current Enterprise Value per Revenue stands at 102.746 whereas that against EBITDA is -1.904.
Stock Price History:
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 -10.15%, while the 200-Day Moving Average is calculated to be -14.28%.
Shares Statistics:
LXRX traded an average of 2.85M shares per day over the past three months and 2777720 shares per day over the past ten days. A total of 361.49M shares are outstanding, with a floating share count of 349.07M. Insiders hold about 3.45% of the company’s shares, while institutions hold 76.86% stake in the company. Shares short for LXRX as of 1726185600 were 26627093 with a Short Ratio of 9.34, compared to 1723680000 on 24533246. Therefore, it implies a Short% of Shares Outstanding of 26627093 and a Short% of Float of 16.34.
