Lexicon Pharmaceuticals Inc [NASDAQ: LXRX] slipped around -0.06 points on Monday, while shares priced at $0.71 at the close of the session, down -7.88%.
Compared to the average trading volume of 4.52M shares, LXRX reached a trading volume of 10404941 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Lexicon Pharmaceuticals Inc [LXRX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LXRX shares is $3.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LXRX stock is a recommendation set at 1.67. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
H.C. Wainwright have made an estimate for Lexicon Pharmaceuticals Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 17, 2024. While these analysts kept the previous recommendation, Leerink Partners raised their target price to Outperform. The new note on the price target was released on April 30, 2024, representing the official price target for Lexicon Pharmaceuticals Inc stock. Previously, the target price had yet another raise to $3, while Jefferies analysts kept a Hold rating on LXRX stock.
The Average True Range (ATR) for Lexicon Pharmaceuticals Inc is set at 0.10, with the Price to Sales ratio for LXRX stock in the period of the last 12 months amounting to 48.78. The Price to Book ratio for the last quarter was 1.43, with the Price to Cash per share for the same quarter was set at 0.71.
How has LXRX stock performed recently?
Lexicon Pharmaceuticals Inc [LXRX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.50. With this latest performance, LXRX shares dropped by -3.57% in over the last four-week period, additionally sinking by -62.05% over the last 6 months – not to mention a drop of -52.31% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LXRX stock in for the last two-week period is set at 41.13, with the RSI for the last a single of trading hit 39.56, and the three-weeks RSI is set at 40.77 for Lexicon Pharmaceuticals Inc [LXRX]. The present Moving Average for the last 50 days of trading for this stock 0.9187, while it was recorded at 0.8351 for the last single week of trading, and 1.5761 for the last 200 days.
Lexicon Pharmaceuticals Inc [LXRX]: Deeper insight into the fundamentals
Lexicon Pharmaceuticals Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 7.43 and a Current Ratio set at 7.45.
Insider trade positions for Lexicon Pharmaceuticals Inc [LXRX]
There are presently around $81.91%, or 82.86%% of LXRX stock, in the hands of institutional investors. The top three institutional holders of LXRX stocks are: ARTAL GROUP S.A. with ownership of 175.1 million shares, which is approximately 71.3555%. FMR LLC, holding 38.69 million shares of the stock with an approximate value of $$64.99 million in LXRX stocks shares; and FMR LLC, currently with $$16.62 million in LXRX stock with ownership which is approximately 4.0304%.
