Lsb Industries (NYSE:LXU) Stock Passes Above 200 Day Moving Average - Time to Sell?

Lsb Industries Inc. (NYSE:LXU - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $7.36 and traded as high as $8.52. Lsb Industries shares last traded at $8.37, with a volume of 295,944 shares changing hands.

Wall Street Analyst Weigh In

LXU has been the subject of a number of research reports. UBS Group dropped their price target on Lsb Industries from $11.00 to $8.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Piper Sandler set a $10.00 price target on Lsb Industries in a research note on Thursday, March 27th. Finally, Wall Street Zen upgraded Lsb Industries from a "sell" rating to a "hold" rating in a research note on Saturday, May 31st.

Lsb Industries Stock Performance

The firm has a market capitalization of $621.74 million, a P/E ratio of -23.38, a price-to-earnings-growth ratio of 1.99 and a beta of 1.21. The company has a current ratio of 2.51, a quick ratio of 2.29 and a debt-to-equity ratio of 0.97. The company has a 50-day moving average of $7.72 and a 200-day moving average of $7.36.

Lsb Industries (NYSE:LXU - Get Free Report) last announced its earnings results on Tuesday, April 29th. The conglomerate reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.04). The company had revenue of $143.43 million for the quarter, compared to the consensus estimate of $139.79 million. Lsb Industries had a positive return on equity of 0.97% and a negative net margin of 5.04%. On average, equities analysts anticipate that Lsb Industries Inc. will post -0.18 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of LXU. NBC Securities Inc. raised its position in Lsb Industries by 394,900.0% during the 1st quarter. NBC Securities Inc. now owns 3,950 shares of the conglomerate's stock worth $26,000 after purchasing an additional 3,949 shares during the last quarter. Tower Research Capital LLC TRC raised its position in shares of Lsb Industries by 157.0% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,650 shares of the conglomerate's stock worth $28,000 after acquiring an additional 2,230 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Lsb Industries in the 1st quarter worth about $29,000. GAMMA Investing LLC raised its position in shares of Lsb Industries by 21,016.0% in the 1st quarter. GAMMA Investing LLC now owns 5,279 shares of the conglomerate's stock worth $35,000 after acquiring an additional 5,254 shares in the last quarter. Finally, Aigen Investment Management LP bought a new position in shares of Lsb Industries in the 1st quarter worth about $69,000. 73.67% of the stock is owned by institutional investors.

Lsb Industries Company Profile

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