LXP Industrial Trust (LXP) concluded trading on Thursday at a closing price of $9.44, with 4.76 million shares of worth about $44.92 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.77% during that period and on October 31, 2024 the price saw a loss of about -0.42%. Currently the company’s common shares owned by public are about 293.45M shares, out of which, 286.52M shares are available for trading.
Stock saw a price change of -1.87% in past 5 days and over the past one month there was a price change of -3.77%. Year-to-date (YTD), LXP shares are showing a performance of -4.84% which increased to 19.34% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.84 but also hit the highest price of $10.56 during that period. The average intraday trading volume for LXP Industrial Trust shares is 1.88 million. The stock is currently trading -1.72% below its 20-day simple moving average (SMA20), while that difference is down -4.92% for SMA50 and it goes to 1.47% higher than SMA200.
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LXP Industrial Trust (NYSE: LXP) currently have 293.45M outstanding shares and institutions hold larger chunk of about 93.87% of that.
The stock has a current market capitalization of $2.79B and its 3Y-monthly beta is at 0.89. PE ratio of stock for trailing 12 months is 106.19, while it has posted earnings per share of $0.09 in the same period. Its PEG reads 81.68 while making debt-to-equity ratio of 0.74. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LXP, volatility over the week remained 1.94% while standing at 1.74% over the month.
Stock’s fiscal year EPS is expected to drop by -142.56% while it is estimated to increase by 51.12% in next year. EPS is likely to grow at an annualized rate of 1.30% for next 5-years, compared to annual growth of -38.47% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Exane BNP Paribas on June 04, 2024 offering an Outperform rating for the stock and assigned a target price of $11 to it. Coverage by KeyBanc Capital Markets stated LXP Industrial Trust (LXP) stock as an Overweight in their note to investors on May 15, 2023, suggesting a price target of $12 for the stock. On April 18, 2023, JMP Securities Initiated their recommendations, while on April 18, 2022, BofA Securities Resumed their ratings for the stock with a price target of $14. Stock get an In-line rating from Evercore ISI on April 13, 2022.