LSB Industries, Inc (NYSE: LXU) is -6.98% lower on its value in year-to-date trading and has touched a low of $6.74 and a high of $10.40 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 LXU stock was last observed hovering at around $8.73 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $8.66, the stock is 0.08% and 0.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing -0.80% at the moment leaves the stock 4.17% off its SMA200. LXU registered 3.96% gain for a year compared to 6-month loss of -11.27%. The firm has a 50-day simple moving average (SMA 50) of $8.5592 and a 200-day simple moving average (SMA200) of $8.309.
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The stock witnessed a 2.85% gain in the last 1 month and extending the period to 3 months gives it a 8.79%, and is 1.76% 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 2.98% over the week and 3.53% over the month.
LSB Industries, Inc (LXU) has around 586 employees, a market worth around $620.24M and $520.11M in sales. Fwd P/E is 24.15. Profit margin for the company is -2.99%. Distance from 52-week low is 28.48% and -16.73% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.57%).
The EPS is expected to shrink by -90.96% this year
194.0 institutions hold shares in LSB Industries, Inc (LXU), with institutional investors hold 74.15% of the company’s shares. The shares outstanding are 73.10M, and float is at 48.22M with Short Float at 4.17%. Institutions hold 54.88% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 5.47 million shares valued at $44.77 million. The investor’s holdings represent 7.5134 of the LXU Shares outstanding. As of 2024-06-30, the second largest holder is ROBOTTI ROBERT with 4.31 million shares valued at $35.29 million to account for 5.9233 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 3.02 million shares representing 4.1521 and valued at over $24.74 million, while GENDELL JEFFREY L holds 3.3641 of the shares totaling 2.45 million with a market value of $20.05 million.
LSB Industries, Inc (LXU) Insider Activity
Still, SEC filings show that on Aug 01 ’24, Foster Michael J. (Officer) Proposed Sale 36,000 shares at an average price of $10.00 for $0.36 million. The insider now directly holds shares of LSB Industries, Inc (LXU).