Lexicon (LXRX) Catches Eye: Stock Moves 13.0% Higher – Tale of the Tape

Zacks

Lexicon Pharmaceuticals, Inc. (LXRX) was a big mover last session with its shares rising just over 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the past one month’s volatile price range of $1.26 to $1.48.

This biotechnology company has seen no estimate revision in the last 7 days. The Zacks Consensus Estimate hasn’t been in a trend either. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Lexicon currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Investors interested in the biomedical industry may consider stocks like ANI Pharmaceuticals, Inc. (ANIP), Gilead Sciences Inc. (GILD) and Illumina Inc. (ILMN). All the three stocks sport a Zacks Rank #1 (Strong Buy).

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