Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) is -10.63% 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 $0.61 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $0.66, the stock is 1.91% and 22.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.9 million and changing 7.56% at the moment leaves the stock -34.70% off its SMA200. LXRX registered -62.71% loss for a year compared to 6-month loss of -27.07%. The firm has a 50-day simple moving average (SMA 50) of $0.538 and a 200-day simple moving average (SMA200) of $1.013.
The stock witnessed a -1.76% gain in the last 1 month and extending the period to 3 months gives it a -7.04%, and is 24.53% 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 2.47% over the week and 6.29% over the month.
Lexicon Pharmaceuticals Inc (LXRX) has around 103 employees, a market worth around $239.70M and $31.21M in sales. Profit margin for the company is -568.04%. Distance from 52-week low is 132.72% and -73.06% 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
165.0 institutions hold shares in Lexicon Pharmaceuticals Inc (LXRX), with institutional investors hold 65.94% of the company’s shares. The shares outstanding are 363.18M, and float is at 177.07M with Short Float at 21.05%. Institutions hold 65.18% 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.
