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Are we looking at the next big move in Recursion Pharmaceuticals Inc (RXRX)?

Recursion Pharmaceuticals Inc (NASDAQ: RXRX) is -27.38% lower on its value in year-to-date trading and has touched a low of $4.97 and a high of $15.74 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RXRX stock was last observed hovering at around $7.15 in the last trading session, with the day’s gains setting it 0.01%.

Currently trading at $7.16, the stock is -0.35% and -8.95% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.85 million and changing 0.14% at the moment leaves the stock -20.38% off its SMA200. RXRX registered -16.55% loss for a year compared to 6-month loss of -43.13%.

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The stock witnessed a -12.04% gain in the last 1 month and extending the period to 3 months gives it a -26.79%, and is 9.48% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.84% over the week and 8.20% over the month.

Profit margin for the company is -755.37%. Distance from 52-week low is 44.06% and -54.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-57.01%).

with sales reaching $28.3M over the same period.The EPS is expected to grow by 1.18% this year, but quarterly earnings will post 60.20% year-over-year. Quarterly sales are estimated to grow 168.70% in year-over-year returns.

Recursion Pharmaceuticals Inc (RXRX) Top Institutional Holders

356.0 institutions hold shares in Recursion Pharmaceuticals Inc (RXRX), with institutional investors hold 94.07% of the company’s shares. The shares outstanding are 226.26M, and float is at 215.21M with Short Float at 23.40%. Institutions hold 89.77% of the Float.

The top institutional shareholder in the company is ARK INVESTMENT MANAGEMENT LLC with over 24.59 million shares valued at $245.14 million. The investor’s holdings represent 10.4176 of the RXRX Shares outstanding. As of 2024-03-31, the second largest holder is BAILLIE GIFFORD & CO with 24.07 million shares valued at $239.96 million to account for 10.1974 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 16.01 million shares representing 6.7854 and valued at over $159.67 million, while MUBADALA INVESTMENT CO PJSC holds 5.5021 of the shares totaling 12.99 million with a market value of $129.47 million.

Recursion Pharmaceuticals Inc (RXRX) Insider Activity

Recursion Pharmaceuticals Inc disclosed in a document filed with the SEC on Aug 14 ’24 that Secora Michael (Chief Financial Officer) sold a total of 15,000 shares of the company’s common stock. The trade occurred on Aug 14 ’24 and was made at $6.35 per share for $95252.0. Following the transaction, the insider now directly holds 1.37 million shares of the RXRX stock.

Still, SEC filings show that on Aug 13 ’24, Secora Michael (Chief Financial Officer) disposed off 15,000 shares at an average price of $6.35 for $95182.0. The insider now directly holds 1,340,968 shares of Recursion Pharmaceuticals Inc (RXRX).

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