Can Recursion Pharmaceuticals Inc’s (RXRX) drop of -6.22% in a week be considered a lucky break?

Recursion Pharmaceuticals Inc (NASDAQ: RXRX) on Monday, soared 1.15% from the previous trading day, before settling in for the closing price of $6.11. Within the past 52 weeks, RXRX’s price has moved between $4.97 and $15.74.

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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 132.77%. The company achieved an average annual earnings per share of 1.11%. With a float of $222.95 million, this company’s outstanding shares have now reached $226.26 million.

In terms of profitability, gross margin is -26.05%, operating margin of -824.25%, and the pretax margin is -767.94%.

Recursion Pharmaceuticals Inc (RXRX) Insider and Institutional Ownership

Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Recursion Pharmaceuticals Inc is 22.56%, while institutional ownership is 75.73%. The most recent insider transaction that took place on Oct 02 ’24, was worth 123,200. In this transaction Chief Executive Officer of this company sold 20,000 shares at a rate of $6.16, taking the stock ownership to the 762,656 shares. Before that another transaction happened on Oct 03 ’24, when Company’s Chief Executive Officer sold 20,000 for $6.08, making the entire transaction worth $121,600. This insider now owns 762,656 shares in total.

Recursion Pharmaceuticals Inc (RXRX) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 1.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to -43.41% drop over the previous five years of trading.

Recursion Pharmaceuticals Inc (NASDAQ: RXRX) Trading Performance Indicators

Recursion Pharmaceuticals Inc (RXRX) is currently performing well based on its current performance indicators. A quick ratio of 6.07 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 35.85.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.62, a number that is poised to hit -0.33 in the next quarter and is forecasted to reach -1.72 in one year’s time.

Technical Analysis of Recursion Pharmaceuticals Inc (RXRX)

The latest stats from [Recursion Pharmaceuticals Inc, RXRX] show that its last 5-days average volume of 4.74 million was inferior to 5.84 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 6.32%. Additionally, its Average True Range was 0.36.

During the past 100 days, Recursion Pharmaceuticals Inc’s (RXRX) raw stochastic average was set at 6.17%, which indicates a significant decrease from 10.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.73% in the past 14 days, which was lower than the 72.97% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.81, while its 200-day Moving Average is $8.95. Now, the first resistance to watch is $6.24. This is followed by the second major resistance level at $6.29. The third major resistance level sits at $6.40. If the price goes on to break the first support level at $6.08, it is likely to go to the next support level at $5.97. The third support level lies at $5.92 if the price breaches the second support level.

Recursion Pharmaceuticals Inc (NASDAQ: RXRX) Key Stats

Market capitalization of the company is 1.78 billion based on 237,664K outstanding shares. Right now, sales total 44,580 K and income totals -328,070 K. The company made 14,420 K in profit during its latest quarter, and -97,540 K in sales during its previous quarter.