LSB Industries - LXU Stock Forecast, Price & News

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. It also offers high purity and commercial grade ammonia, high purity ammonium nitrate, sulfuric acids, mixed nitrating acids, carbon dioxide, and diesel exhaust fluids, as well as concentrated, and blended and regular nitric acids for various applications, including semi-conductor and polyurethane intermediates; pulp and paper, alum, water treatment, metals, and vanadium processing; power plant emissions abatement, water treatment, refrigerants, and metals processing; exhaust stream additive, and horticulture/greenhouse applications; and refrigeration. In addition, the company provides industrial grade ammonium nitrate, ammonium nitrate, and HDAN solutions for ammonium nitrate fuel oil and specialty emulsions for mining, surface mining, quarries, and construction applications. It sells its products through distributors, as well as directly to end customers in the United States, Mexico, and Canada. The company serves to the agricultural, industrial, and mining markets. LSB Industries, Inc. was founded in 1968 and is headquartered in Oklahoma City, Oklahoma.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of LSB Industries from a "hold" rating to a "buy" rating in a report on Tuesday.

LSB Industries Price Performance

Shares of NYSE:LXU traded up $0.17 during midday trading on Wednesday, reaching $13.54. 15,808 shares of the company's stock were exchanged, compared to its average volume of 881,836. The company's 50 day simple moving average is $13.98 and its two-hundred day simple moving average is $17.36. The firm has a market capitalization of $1.20 billion, a PE ratio of -3.25 and a beta of 1.77. LSB Industries has a 12 month low of $6.07 and a 12 month high of $27.45. The company has a debt-to-equity ratio of 1.16, a quick ratio of 5.13 and a current ratio of 5.44.

Insider Transactions at LSB Industries

In other news, major shareholder Sbt Investors Llc sold 6,750,000 shares of the firm's stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $12.32, for a total transaction of $83,160,000.00. Following the completion of the transaction, the insider now directly owns 18,053,398 shares of the company's stock, valued at approximately $222,417,863.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.20% of the stock is owned by insiders.