LSB Industries (NYSE:LXU) Rating Lowered to “Sell” at StockNews.com

LSB Industries (NYSE:LXU) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday.

Separately, Piper Sandler raised LSB Industries from an “underweight” rating to an “overweight” rating and lifted their price target for the stock from $9.00 to $11.00 in a research note on Monday, January 13th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $10.75.

LSB Industries Trading Up 0.6 %

NYSE LXU traded up $0.05 during trading on Wednesday, hitting $7.10. 302,062 shares of the company’s stock traded hands, compared to its average volume of 388,503. The firm has a market cap of $509.77 million, a P/E ratio of -33.78, a PEG ratio of 0.89 and a beta of 0.69. The stock has a fifty day moving average of $8.04 and a two-hundred day moving average of $8.22. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.53 and a quick ratio of 2.36. LSB Industries has a 12-month low of $6.43 and a 12-month high of $10.40.

Institutional Investors Weigh In On LSB Industries

Large investors have recently made changes to their positions in the business. Tower Research Capital LLC TRC lifted its stake in LSB Industries by 157.0% in the fourth 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 during the period. FNY Investment Advisers LLC purchased a new stake in shares of LSB Industries in the 4th quarter worth about $54,000. New York State Common Retirement Fund boosted its stake in shares of LSB Industries by 48.6% during the 4th quarter. New York State Common Retirement Fund now owns 8,253 shares of the conglomerate’s stock valued at $63,000 after purchasing an additional 2,700 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of LSB Industries during the fourth quarter valued at about $71,000. Finally, Fox Run Management L.L.C. bought a new position in LSB Industries in the fourth quarter worth about $84,000. 73.67% of the stock is currently owned by institutional investors.

About LSB Industries

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.