With 23.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.9 million shares. The 52-week range on LXRX shows that it touched its highest point at $2.83 and its lowest point at $0.28 during that stretch. It currently has a 1-year price target of $3.40. Beta for the stock currently stands at 1.01.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LXRX was down-trending over the past week, with a drop of -50.44%, but this was down by -57.05% over a month. Three-month performance dropped to -59.65% while six-month performance fell -81.12%. The stock lost -87.56% in the past year, while it has lost -56.02% so far this year. A look at the trailing 12-month EPS for LXRX yields -0.75 with Next year EPS estimates of -0.46. For the next quarter, that number is -0.13. This implies an EPS growth rate of 14.05% for this year and 32.07% for next year. EPS is expected to grow by 19.86% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.80%.
Float and Shares Shorts:
At present, 361.49 million LXRX shares are outstanding with a float of 179.90 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LXRX since 3 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.58643 being high and -$0.76133 being low. For LXRX, this leads to a yearly average estimate of -$0.67902. Based on analyst estimates, the high estimate for the next quarter is -$0.08 and the low estimate is -$0.17. The average estimate for the next quarter is thus -$0.12.
Summary of Insider Activity:
Insiders traded LXRX stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
