Lexicon Pharmaceuticals Inc. (NASDAQ:LXRX) went up by 9.70% from its latest closing price compared to the recent 1-year high of $6.33. The company’s stock price has collected -16.93% of loss in the last five trading sessions.
Is It Worth Investing in Lexicon Pharmaceuticals Inc. (NASDAQ :LXRX) Right Now?
Plus, the 36-month beta value for LXRX is at 1.50.
LXRX currently public float of 143.38M and currently shorts hold a 5.75% ratio of that float. Today, the average trading volume of LXRX was 1.38M shares.
LXRX’s Market Performance
LXRX stocks went down by -16.93% for the week, with a monthly jump of 34.02% and a quarterly performance of 34.72%, while its annual performance rate touched -28.77%. The volatility ratio for the week stands at 7.27% while the volatility levels for the past 30 days are set at 10.29% for Lexicon Pharmaceuticals Inc. The simple moving average for the period of the last 20 days is -9.41% for LXRX stocks with a simple moving average of -14.96% for the last 200 days.
Analysts’ Opinion of LXRX
Many brokerage firms have already submitted their reports for LXRX stocks, with JP Morgan repeating the rating for LXRX by listing it as a “Neutral.” The predicted price for LXRX in the upcoming period, according to JP Morgan is $7 based on the research report published on January 29th of the previous year 2021.
Wedbush, on the other hand, stated in their research note that they expect to see LXRX reach a price target of $8, previously predicting the price at $2. The rating they have provided for LXRX stocks is “Neutral” according to the report published on January 29th, 2021.
LXRX Trading at 18.33% from the 50-Day Moving Average
After a stumble in the market that brought LXRX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.93% of loss for the given period.
Volatility was left at 10.29%, however, over the last 30 days, the volatility rate increased by 7.27%, as shares sank -5.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +55.69% upper at present.
During the last 5 trading sessions, LXRX fell by -16.93%, which changed the moving average for the period of 200-days by -57.79% in comparison to the 20-day moving average, which settled at $2.86. In addition, Lexicon Pharmaceuticals Inc. saw -34.01% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at LXRX starting from Artal International S.C.A., who purchase 16,173,800 shares at the price of $2.50 back on Aug 01. After this action, Artal International S.C.A. now owns 48,433,261 shares of Lexicon Pharmaceuticals Inc., valued at $40,434,500 using the latest closing price.
Invus US Partners LLC, the Director of Lexicon Pharmaceuticals Inc., purchase 982,600 shares at $2.50 during a trade that took place back on Aug 01, which means that Invus US Partners LLC is holding 5,303,814 shares at $2,456,500 based on the most recent closing price.
Stock Fundamentals for LXRX
Equity return is now at value -75.20, with -58.50 for asset returns.