Let’s start up with the current stock price of Lexicon Pharmaceuticals Inc. (LXRX), which is $5.44 to be very precise. The Stock rose vividly during the last session to $3.95 after opening rate of $3.90 while the lowest price it went was recorded $3.74 before closing at $3.92.
Recently in News on January 14, 2021, Lexicon Pharmaceuticals Provides Regulatory Update on Sotagliflozin in Heart Failure. Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) announced today that it has received U.S. Food and Drug Administration (FDA) regulatory feedback that the results of its SOLOIST and SCORED Phase 3 clinical studies can support a new drug application (NDA) submission for an indication to reduce the risk of cardiovascular death, hospitalization for heart failure, and urgent visits for heart failure in adult patients with type 2 diabetes with either worsening heart failure or additional risk factors for heart failure. You can read further details here
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Lexicon Pharmaceuticals Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $5.15 on 01/14/21, with the lowest value was $3.32 for the same time period, recorded on 01/04/21.
Lexicon Pharmaceuticals Inc. (LXRX) full year performance was -5.77%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Lexicon Pharmaceuticals Inc. shares are logging 21.70% during the 52-week period from high price, and 428.16% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.03 and $4.47.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 8485733 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Lexicon Pharmaceuticals Inc. (LXRX) recorded performance in the market was 14.62%, having the revenues showcasing 164.86% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 530.10M, as it employees total of 184 workers.
Analysts verdict on Lexicon Pharmaceuticals Inc. (LXRX)
During the last month, 2 analysts gave the Lexicon Pharmaceuticals Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 3 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.00, with a change in the price was noted +3.16. In a similar fashion, Lexicon Pharmaceuticals Inc. posted a movement of +179.55% for the period of last 100 days, recording 5,340,657 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for LXRX is recording 0.23 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.13.
Lexicon Pharmaceuticals Inc. (LXRX): Technical Analysis
Raw Stochastic average of Lexicon Pharmaceuticals Inc. in the period of last 50 days is set at 94.42%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 89.71%. In the last 20 days, the company’s Stochastic %K was 81.31% and its Stochastic %D was recorded 78.47%.
Let’s take a glance in the erstwhile performances of Lexicon Pharmaceuticals Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 14.62%. Additionally, trading for the stock in the period of the last six months notably improved by 90.29%, alongside a downfall of -5.77% for the period of the last 12 months. The shares increased approximately by 11.68% in the 7-day charts and went down by 25.64% in the period of the last 30 days. Common stock shares were driven by 164.86% during last recorded quarter.