NASDAQ:LEXX

Lexaria Bioscience (LEXX) Stock Price, News & Analysis

$2.24
-0.03 (-1.32%)
(As of 04:00 PM ET)
Today's Range
$2.20
$2.30
50-Day Range
$1.99
$6.25
52-Week Range
$0.65
$6.85
Volume
53,975 shs
Average Volume
421,441 shs
Market Capitalization
$28.87 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.00

Lexaria Bioscience MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
433.3% Upside
$12.00 Price Target
Short Interest
Healthy
4.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.60) to ($0.51) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.06 out of 5 stars

Medical Sector

514th out of 910 stocks

Pharmaceutical Preparations Industry

237th out of 426 stocks

LEXX stock logo

About Lexaria Bioscience Stock (NASDAQ:LEXX)

Lexaria Bioscience Corp. operates as a biotechnology company. It develops and out-licenses its patented drug delivery technology, DehydraTECH, which combines lipophilic molecules or active pharmaceutical ingredients with specific long-chain fatty acids and carrier compounds that improve the way they enter the bloodstream, increasing their effectiveness and allowing for lower overall dosing while promoting healthier oral ingestion methods. The company's DehydraTECH is used with a range of active molecules encompassing fat-soluble vitamins, pain medications, hormones, PDE5 inhibitors, antivirals, oral nicotine and its analogs, and cannabinoids. Its DehydraTECH technology evaluates therapeutic indications, including hypertension, heart disease, and diabetes; and is suitable for a variety of product formats, such as pharmaceuticals, nutraceuticals, over the counter, and consumer packaged goods. Lexaria Bioscience Corp. was incorporated in 2004 and is headquartered in Kelowna, Canada.

LEXX Stock Price History

LEXX Stock News Headlines

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Company Calendar

Today
4/23/2024
Next Earnings (Estimated)
7/12/2024
Fiscal Year End
8/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
N/A
Current Symbol
NASDAQ:LEXX
Fax
N/A
Employees
5
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.00
High Stock Price Target
$12.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+429.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-6,660,000.00
Pretax Margin
-1,417.36%

Debt

Sales & Book Value

Annual Sales
$404,726.00
Book Value
$0.33 per share

Miscellaneous

Free Float
11,905,000
Market Cap
$29.19 million
Optionable
Not Optionable
Beta
0.94
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Key Executives

  • Mr. Christopher A. Bunka (Age 62)
    Chairman & CEO
    Comp: $291.19k
  • Mr. John M. Docherty M.Sc. (Age 55)
    President & Director
    Comp: $290.46k
  • Mr. Nelson D. Cabatuan CPA (Age 45)
    Chief Financial Officer
  • Kristin Hamilton
    Director of Operations
  • Vanessa Carle
    Head of Legal
  • Dr. Philip N. Ainslie Ph.D.
    Advisor & Consultant

LEXX Stock Analysis - Frequently Asked Questions

Should I buy or sell Lexaria Bioscience stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lexaria Bioscience in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LEXX shares.
View LEXX analyst ratings
or view top-rated stocks.

What is Lexaria Bioscience's stock price target for 2024?

1 equities research analysts have issued 1 year price targets for Lexaria Bioscience's shares. Their LEXX share price targets range from $12.00 to $12.00. On average, they predict the company's share price to reach $12.00 in the next year. This suggests a possible upside of 433.3% from the stock's current price.
View analysts price targets for LEXX
or view top-rated stocks among Wall Street analysts.

How have LEXX shares performed in 2024?

Lexaria Bioscience's stock was trading at $1.25 at the beginning of the year. Since then, LEXX shares have increased by 80.0% and is now trading at $2.25.
View the best growth stocks for 2024 here
.

Are investors shorting Lexaria Bioscience?

Lexaria Bioscience saw a drop in short interest in March. As of March 31st, there was short interest totaling 490,400 shares, a drop of 35.0% from the March 15th total of 754,500 shares. Based on an average daily trading volume, of 465,300 shares, the short-interest ratio is currently 1.1 days. Currently, 4.3% of the company's shares are short sold.
View Lexaria Bioscience's Short Interest
.

When is Lexaria Bioscience's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 12th 2024.
View our LEXX earnings forecast
.

Who are Lexaria Bioscience's major shareholders?

Lexaria Bioscience's stock is owned by a variety of retail and institutional investors. Top institutional investors include Welch Group LLC (0.19%).
View institutional ownership trends
.

How do I buy shares of Lexaria Bioscience?

Shares of LEXX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LEXX) was last updated on 4/23/2024 by MarketBeat.com Staff

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