LSB Industries Inc. (NYSE:LXU) does about 647.03K shares in volume on a normal day but saw 2006038 shares change hands in Friday trading. The company now has a market cap of 56.89M USD and an enterprise value of about $765.42M. Its current market price is $2.16, marking an increase of 11.34% compared to the previous close of $1.94. The 52 week high reached by this stock is $6.76 whilst the lowest price level in 52 weeks is $1.00. The script in recent trading has seen the stock touch a high of $2.36 and a low of $1.81.
LSB Industries Inc. (LXU) has a 20-day trading average at $1.28 and the current price is -68.05% off the 52-week high compared with 116.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.22 and its 200-day simple moving average is $2.34. If we look at the stock’s price movements over the week, volatility stands at 24.58%, which decreases to 11.24% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 84.77 to suggest the stock is overbought.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 13, 2014 when Singular Research reiterated the stock to “Buy” and issued a price target of between $44 and $47. Northland Securities reiterated its price target at $41-$38.
The current price level is 75.47%, 79.46%, and -8.30% away from its SMA20, SMA50, and SMA200 respectively, with the LXU price moving below the 50-day SMA on August 14. LSB Industries Inc. (LXU) stock is up 78.51% over the week and 81.51% over the past month. Its price is -48.57% year-to-date and -48.69% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/29/2020, with the company’s earnings per share (EPS) of -$0.34 above consensus estimates by $0.14. The company’s next earnings report is expected on 11/02/2020, with forecasts estimating quarterly EPS at -$0.93 and -$2.65 for whole year. LXU’s earnings per share are forecast to grow by 23.00% this year and 37.70% over next year. Expected sales for next quarter are $93.87 million, which analysts say will come at $357.66 million for the current fiscal year and next year at $437.73 million. In addition, estimates put the company’s current quarterly revenue at an average of $75.32 million.
Outstanding shares total 28.20M with insiders holding 15.14% of the shares and institutional holders owning 72.02% of the company’s common stock. The company has a return on investment of -2.50% and return on equity of -47.80%. The beta has a value of 2.74. Price to book ratio is 0.29 and price to sales ratio is 0.17.
According to a U.S. Securities and Exchange Commission filing, Vanguard Total Stock Market Index has reduced its position in LSB Industries Inc. (LXU) to 681,035 shares, mirroring a recent drop by 0.00%. Vanguard Total Stock Market Index dumped 0.0 shares of LSB Industries Inc. common stock bringing its total worth to about $0.72 million at the end of recent close, SEC documents show. Vanguard Total Stock Market Index isn’t the only investment manager who changed stakes and is followed by DFA US Small Cap Portfolio, which sold off 9550.0 shares to end up with 355,512 shares worth $0.37 million. Vanguard Extended Market Index Fu cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 1.00% position in LSB Industries Inc. thanks to 0.29 million shares amounting to $0.31 million.