Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) is -9.07% 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 $0.70 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $0.67, the stock is 1.86% and 7.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.83 million and changing -3.49% at the moment leaves the stock -28.26% off its SMA200. LXRX registered -64.66% loss for a year compared to 6-month loss of -8.25%.
The stock witnessed a 26.25% gain in the last 1 month and extending the period to 3 months gives it a 83.22%, and is -12.42% 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 2.80% over the week and 4.45% over the month.
Lexicon Pharmaceuticals Inc (LXRX) has around 103 employees, a market worth around $243.87M and $31.21M in sales. Profit margin for the company is -568.04%. Distance from 52-week low is 136.78% and -72.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-95.22%).
with sales reaching $4.87M over the same period.The EPS is expected to grow by 49.60% this year, but quarterly earnings will post -55.50% year-over-year. Quarterly sales are estimated to grow 195.54% in year-over-year returns.
Lexicon Pharmaceuticals Inc (LXRX) Top Institutional Holders
The shares outstanding are 363.18M, and float is at 177.00M with Short Float at 21.94%.
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.
