Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) on Monday, plunged -3.70% from the previous trading day, before settling in for the closing price of $1.08. Within the past 52 weeks, LXRX’s price has moved between $0.28 and $2.17.
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The company achieved an average annual earnings per share of 69.35%. With a float of $177.11 million, this company’s outstanding shares have now reached $363.40 million.
Considering the fact that the conglomerate employs 103 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 98.87%, operating margin of -202.58%, and the pretax margin is -206.43%.
Lexicon Pharmaceuticals Inc (LXRX) Insider Activity
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Lexicon Pharmaceuticals Inc is 51.26%, while institutional ownership is 26.38%. The most recent insider transaction that took place on Aug 15 ’24, was worth 480,000.
Lexicon Pharmaceuticals Inc (LXRX) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.18 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.17) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 69.35% per share during the next fiscal year.
Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) Trading Performance Indicators
Lexicon Pharmaceuticals Inc (LXRX) is currently performing well based on its current performance indicators. A quick ratio of 4.16 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 6.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.27 in one year’s time.
Technical Analysis of Lexicon Pharmaceuticals Inc (LXRX)
Compared to the last year’s volume of 8.94 million, its volume of 3.57 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 29.63%.
During the past 100 days, Lexicon Pharmaceuticals Inc’s (LXRX) raw stochastic average was set at 64.86%, which indicates a significant increase from 14.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0992 in the past 14 days, which was higher than the 0.0783 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9449, while its 200-day Moving Average is $0.8060. Nevertheless, the first resistance level for the watch stands at $1.0833 in the near term. At $1.1267, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.1533. If the price goes on to break the first support level at $1.0133, it is likely to go to the next support level at $0.9867. Should the price break the second support level, the third support level stands at $0.9433.
Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) Key Stats
Market capitalization of the company is 377.93 million based on 361,492K outstanding shares. Right now, sales total 31,080 K and income totals -200,400 K. The company made 1,260 K in profit during its latest quarter, and -25,300 K in sales during its previous quarter.
