Recursion Pharmaceuticals Inc (RXRX)’s stock has witnessed a price hike of 0.29% from the previous close with its current price standing at $10.52. Its current price is -37.18% under its 52-week high of $16.75 and 131.72% more than its 52-week low of $4.54. Based on the past 30-day period, the stock price is -33.35% below the high and +3.25% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, RXRX’s SMA-200 is $9.31.
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Additionally, it is important to take into account RXRX stock ratios, including its price-to-sales ratio, which is 50.93 for the last tewlve months.RXRX’s price to book ratio for the most recent quarter was 5.31, resulting in an 5.75 price to cash per share for the period.
How does Recursion Pharmaceuticals Inc (RXRX) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 7 brokerage firms that recommend the stock as a Moderate Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.43 in simple terms.
Recursion Pharmaceuticals Inc (RXRX): Earnings History
If we examine Recursion Pharmaceuticals Inc’s recent earnings history, in the last quarter ended on 12/30/2023, it posted adjusted earnings per share of -$0.42, slashing the consensus of -$0.45. In other words, it beat the consensus by $0.03, resulting in a 6.70% surprise. In the 3 months period before the previous quarter which was closed on 12/30/2023, the stock recorded adjusted earnings per share of -$0.42 in contrast with the Outlook of -$0.45. That was a difference of $0.03 and a surprise of 6.70%.
Recursion Pharmaceuticals Inc (RXRX): Earnings History
Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 2 different analysts, who are expecting earnings to fall in between the range of -0.41 and -0.45 with an average Earnings Estimate of -0.43 which is in contrast with the last year earnings estimate of -0.34 and also replicates -26.47% growth rate year over year.
Recursion Pharmaceuticals Inc (NASDAQ: RXRX) Ownership Details
I will give a breakdown of the key shareholders in Recursion Pharmaceuticals Inc (RXRX). Recent figures show that the company’s insiders hold 5.77% of shares. A total of 283 institutional investors hold shares in the company, making 92.39% of its stock and 98.04% of its float.
Dec 30, 2023, it was reported that the Company’s largest institutional holder is Baillie Gifford and Company holding total of 24.18 million shares that make 10.65% of the company’s total number of shares and are currently priced at 253.4 million.
The securities firm ARK Investment Management, LLC holds 20.65 million shares of RXRX, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 9.09%, and the holding percentage of shares is valued at 216.46 million.
An overview of Recursion Pharmaceuticals Inc’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Recursion Pharmaceuticals Inc (RXRX) traded 7,423,901 shares per day, with a moving average of $11.57 and price change of -4.27. With the moving average of $11.13 and a price change of -0.76, about 6,948,930 shares changed hands on average over the past 50 days. Finally, RXRX’s 100-day average volume is 6,279,879 shares, alongside a moving average of $9.64 and a price change of +5.18.
