Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) is -51.97% lower on its value in year-to-date trading and has touched a low of $0.28 and a high of $2.83 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 LXRX stock was last observed hovering at around $0.39 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $0.35, the stock is -41.41% and -50.64% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.59 million and changing -9.47% at the moment leaves the stock -73.84% off its SMA200. LXRX registered -84.24% loss for a year compared to 6-month loss of -78.24%.
The stock witnessed a -52.07% gain in the last 1 month and extending the period to 3 months gives it a -48.23%, and is 21.22% 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 16.48% over the week and 13.70% over the month.
Lexicon Pharmaceuticals Inc (LXRX) has around 103 employees, a market worth around $128.22M and $31.08M in sales. Profit margin for the company is -644.78%. Distance from 52-week low is 25.07% and -87.46% from its 52-week high. The company has generated returns on investments over the last 12 months (-79.89%).
with sales reaching $1.26M over the same period.The EPS is expected to grow by 41.27% this year, but quarterly earnings will post -72.33% year-over-year. Quarterly sales are estimated to grow 11.73% in year-over-year returns.
Lexicon Pharmaceuticals Inc (LXRX) Top Institutional Holders
The shares outstanding are 361.49M, and float is at 179.54M with Short Float at 24.92%.
The top institutional shareholder in the company is ARTAL GROUP S.A. with over 175.1 million shares valued at $294.17 million. The investor’s holdings represent 56.3318% of the LXRX Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 38.69 million shares valued at $64.99 million to account for 15.7656 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 9.89 million shares representing 4.0304% and valued at over $16.62 million, while VANGUARD GROUP INC holds 3.1277 of the shares totaling 7.68 million with a market value of $12.89 million.
Lexicon Pharmaceuticals Inc (LXRX) Insider Activity
#####