LSB Industries (NYSE:LXU) Shares Gap Up to $25.61

LSB Industries, Inc. (NYSE:LXU – Get Rating) gapped up before the market opened on Monday . The stock had previously closed at $25.61, but opened at $26.23. LSB Industries shares last traded at $25.84, with a volume of 4,813 shares changing hands.

LXU has been the subject of several analyst reports. TheStreet raised LSB Industries from a “d+” rating to a “c” rating in a research report on Thursday, February 24th. StockNews.com initiated coverage on LSB Industries in a research report on Thursday, March 31st. They set a “hold” rating for the company. Finally, Zacks Investment Research lowered LSB Industries from a “buy” rating to a “hold” rating in a research report on Wednesday, January 5th.

The company has a current ratio of 2.32, a quick ratio of 2.16 and a debt-to-equity ratio of 1.13. The company has a 50-day moving average of $19.07 and a 200-day moving average of $13.02.

LSB Industries (NYSE:LXU – Get Rating) last posted its quarterly earnings results on Wednesday, February 23rd. The conglomerate reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.35. LSB Industries had a return on equity of 110.90% and a net margin of 7.83%. The firm had revenue of $190.23 million for the quarter, compared to analysts’ expectations of $180.10 million. On average, equities research analysts anticipate that LSB Industries, Inc. will post 0.59 earnings per share for the current year.

Large investors have recently modified their holdings of the business. Security Benefit Life Insurance Co. KS lifted its stake in LSB Industries by 1,205.8% during the 3rd quarter. Security Benefit Life Insurance Co. KS now owns 53,135,329 shares of the conglomerate’s stock valued at $417,317,000 after acquiring an additional 49,066,005 shares in the last quarter. Marshall Wace LLP bought a new position in LSB Industries during the 3rd quarter valued at $186,000. Caxton Associates LP bought a new position in LSB Industries during the 3rd quarter valued at $221,000. Barclays PLC lifted its stake in LSB Industries by 703.1% during the 3rd quarter. Barclays PLC now owns 13,870 shares of the conglomerate’s stock valued at $142,000 after acquiring an additional 12,143 shares in the last quarter. Finally, The Manufacturers Life Insurance Company bought a new position in LSB Industries during the 3rd quarter valued at $631,000. Institutional investors and hedge funds own 76.92% of the company’s stock.

LSB Industries Company Profile (NYSE:LXU)

LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer and fertilizer blends for corn and other crops, and NPK fertilizer blends applications.

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