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The closing price of Recursion Pharmaceuticals Inc (NASDAQ: RXRX) was $6.59 for the day, down -5.59% from the previous closing price of $6.98. In other words, the price has decreased by -$5.59 from its previous closing price. On the day, 5.31 million shares were traded. RXRX stock price reached its highest trading level at $7.095 during the session, while it also had its lowest trading level at $6.59.
Ratios:
Our analysis of RXRX’s different ratios will help us gain a deeper understanding of the company. 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:
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 Sep 26 ’24 when Marriott Tina sold 6,000 shares for $7.00 per share. The transaction valued at 42,005 led to the insider holds 521,138 shares of the business.
Marriott Tina bought 6,000 shares of RXRX for $42,005 on Sep 26 ’24. On Sep 17 ’24, another insider, Borgeson Blake, who serves as the Director of the company, sold 11,447 shares for $6.84 each. As a result, the insider received 78,333 and left with 7,109,875 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 1859948544 and an Enterprise Value of 1467115904. For the stock, the TTM Price-to-Sale (P/S) ratio is 38.23 while its Price-to-Book (P/B) ratio in mrq is 3.17. Its current Enterprise Value per Revenue stands at 29.558 whereas that against EBITDA is -4.02.
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 -6.33%, while the 200-Day Moving Average is calculated to be -27.06%.
Shares Statistics:
RXRX traded an average of 5.38M shares per day over the past three months and 5721350 shares per day over the past ten days. A total of 226.26M shares are outstanding, with a floating share count of 222.94M. Insiders hold about 22.57% of the company’s shares, while institutions hold 75.67% stake in the company. Shares short for RXRX as of 1726185600 were 59162424 with a Short Ratio of 11.00, compared to 1723680000 on 54147202. Therefore, it implies a Short% of Shares Outstanding of 59162424 and a Short% of Float of 29.220000000000002.
