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After finishing at $1.95 in the prior trading day, Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) closed at $1.94, down -0.51%. In other words, the price has decreased by -$0.51 from its previous closing price. On the day, 2.88 million shares were traded. LXRX stock price reached its highest trading level at $1.98 during the session, while it also had its lowest trading level at $1.86.
Ratios:
Our goal is to gain a better understanding of LXRX by taking a closer look at its different ratios. 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:
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 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 701294528 and an Enterprise Value of 500621984. For the stock, the TTM Price-to-Sale (P/S) ratio is 192.66 while its Price-to-Book (P/B) ratio in mrq is 2.92. Its current Enterprise Value per Revenue stands at 137.496 whereas that against EBITDA is -2.548.
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 13.84%, while the 200-Day Moving Average is calculated to be 2.05%.
Shares Statistics:
The stock has traded on average 2.77M shares per day over the past 3-months and 2730890 shares per day over the last 10 days, according to various share statistics. A total of 361.49M shares are outstanding, with a floating share count of 349.07M. Insiders hold about 3.44% of the company’s shares, while institutions hold 76.87% stake in the company. Shares short for LXRX as of 1727654400 were 26971057 with a Short Ratio of 9.72, compared to 1724976000 on 25393364. Therefore, it implies a Short% of Shares Outstanding of 26971057 and a Short% of Float of 16.549999.
