LSB Industries, Inc. (NYSE:LXU – Get Rating)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $10.78 and last traded at $10.82, with a volume of 181985 shares trading hands. The stock had previously closed at $11.52.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on LXU shares. StockNews.com started coverage on LSB Industries in a research report on Thursday. They set a “hold” rating on the stock. The Goldman Sachs Group lowered their price target on LSB Industries from $18.00 to $17.00 and set a “neutral” rating on the stock in a research report on Monday, February 27th. Jefferies Financial Group started coverage on LSB Industries in a research report on Wednesday, November 30th. They set a “buy” rating and a $20.00 price target on the stock. TheStreet raised LSB Industries from a “c” rating to a “b-” rating in a research report on Thursday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft started coverage on LSB Industries in a research report on Tuesday. They set a “buy” rating and a $16.00 price target on the stock. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $19.57.
LSB Industries Price Performance
The company has a current ratio of 3.98, a quick ratio of 3.76 and a debt-to-equity ratio of 1.36. The company has a 50 day moving average price of $12.57 and a 200 day moving average price of $14.13. The company has a market capitalization of $815.34 million, a P/E ratio of 4.03 and a beta of 1.60.
Institutional Inflows and Outflows
About LSB Industries
LSB Industries, Inc engages in manufacturing, marketing, and sale of chemical products for the agricultural, mining, and industrial markets. It also own and operate facilities in El Dorado, Arkansas (El Dorado Facility), Cherokee, Alabama (Cherokee Facility), and Pryor, Oklahoma (Pryor Facility), as well as facility for Covestro AG (Covestro) in Baytown, Texas (Baytown Facility).
- Get a free copy of the StockNews.com research report on LSB Industries (LXU)
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