LXP Industrial Trust (LXP) concluded trading on Thursday at a closing price of $8.55, with 4.59 million shares of worth about $39.21 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -11.76% during that period and on February 13, 2025 the price saw a gain of about 4.65%. Currently the company’s common shares owned by public are about 294.49M shares, out of which, 286.84M shares are available for trading.
Stock saw a price change of 2.03% in past 5 days and over the past one month there was a price change of 6.48%. Year-to-date (YTD), LXP shares are showing a performance of 5.30% which decreased to -5.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.65 but also hit the highest price of $10.56 during that period. The average intraday trading volume for LXP Industrial Trust shares is 2.00 million. The stock is currently trading 2.28% above its 20-day simple moving average (SMA20), while that difference is up 1.04% for SMA50 and it goes to -7.39% lower than SMA200.
LXP Industrial Trust (NYSE: LXP) currently have 294.49M outstanding shares and institutions hold larger chunk of about 93.65% of that.
The stock has a current market capitalization of $2.52B and its 3Y-monthly beta is at 0.93. PE ratio of stock for trailing 12 months is 127.61, while it has posted earnings per share of $0.07 in the same period. It has a debt-to-equity ratio of 0.76. 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 2.58% while standing at 2.39% over the month.
Stock’s fiscal year EPS is expected to drop by -129.73% while it is estimated to increase by 181.80% in next year.
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.
