Are Analysts Too Bullish On Lixte Biotechnology Holdings Inc (LIXT)

Lixte Biotechnology Holdings Inc (NASDAQ:LIXT) currently has a daily average trading volume of 577.63K but it saw 1159339 shares traded in last market. With a market cap of 4.79M USD, the company’s current market price of $2.13 came rising about 2.40 while comparing to the previous closing price of $2.08. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.42 and as low as $1.31. In the recent trading on the day, stock has struck highest price mark of $1.85 while lowest mark touched by it was $2.26.

Taking a look at 20-day trading activity of Lixte Biotechnology Holdings Inc (LIXT) gives us an average price of $1.82, while its current price level is -51.81% below from 52-week high level whereas it is 62.60% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.86 while that of 200 days or SMA-200 reads an average of $2.35. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.80% during that period while stretching the period over a month that decreases to 9.56%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 58.56 which implies that the stock is in neutral territory.

Over the week, LIXT’s stock price is moving 10.94% up while it is 13.90% when we observe its performance for the past one month. Year-to-date it is -9.36% down and over the past year, the stock is showing a downside performance of -12.35%.

Currently, Lixte Biotechnology Holdings Inc’s total number of outstanding shares is 2.25M. Company’s return on investment (ROI) stands at -179.56% and return on equity (ROE) at -163.33%. Stock’s beta reads -0.15. Its return on asset (ROA) is -139.98% on average.