Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) is -10.48% lower on its value in year-to-date trading and has touched a low of $0.28 and a high of $2.45 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 $0.63 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $0.66, the stock is 4.72% and 13.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.76 million and changing 4.60% at the moment leaves the stock -32.00% off its SMA200. LXRX registered -61.11% loss for a year compared to 6-month loss of -17.74%. The firm has a 50-day simple moving average (SMA 50) of $0.585 and a 200-day simple moving average (SMA200) of $0.97385.
The stock witnessed a -8.18% gain in the last 1 month and extending the period to 3 months gives it a 96.76%, and is -5.48% down 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 4.09% over the week and 5.64% over the month.
Lexicon Pharmaceuticals Inc (LXRX) has around 103 employees, a market worth around $240.10M and $31.21M in sales. Profit margin for the company is -568.04%. Distance from 52-week low is 133.11% and -73.02% from its 52-week high. The company has generated returns on investments over the last 12 months (-95.22%).
The EPS is expected to grow by 49.60% this year
166.0 institutions hold shares in Lexicon Pharmaceuticals Inc (LXRX), with institutional investors hold 75.80% of the company’s shares. The shares outstanding are 363.18M, and float is at 177.07M with Short Float at 24.30%. Institutions hold 74.93% of the Float.
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 12.4462 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 9.89 million shares representing 3.1818 and valued at over $$16.62 million, while BRAIDWELL LP holds 2.6686 of the shares totaling 8.29 million with a market value of $$13.94 million.
