Home  »  Science   »  A Look At Recursion Pharmaceuticals Inc. (NASDAQ: ...

A Look At Recursion Pharmaceuticals Inc. (NASDAQ: RXRX): How Much Is It Worth And How Should It Be Assessed?

Recursion Pharmaceuticals Inc. (NASDAQ:RXRX)’s traded shares stood at 2.49 million during the last session. At the close of trading, the stock’s price was $7.41, to imply a decrease of -3.14% or -$0.24 in intraday trading. The RXRX share’s 52-week high remains $14.18, putting it -91.36% down since that peak but still an impressive 33.6% since price per share fell to its 52-week low of $4.92. The company has a valuation of $1.50B, with an average of 1.07 million shares in intraday trading volume over the past 10 days and average of 979.14K shares over the past 3 months.

Recursion Pharmaceuticals Inc. (NASDAQ:RXRX) trade information

After registering a -3.14% downside in the last session, Recursion Pharmaceuticals Inc. (RXRX) has traded red over the past five days. The stock hit a weekly high of 7.95 this Friday, 03/17/23, dropping -3.14% in its intraday price action. The 5-day price performance for the stock is 4.81%, and -12.20% over 30 days. With these gigs, the year-to-date price performance is -3.89%. Short interest in Recursion Pharmaceuticals Inc. (NASDAQ:RXRX) saw shorts transact 17.48 million shares and set a 12.27 days time to cover.

Will You Miss Out On This Growth Stock Boom?

A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

And this is just one of our 5 Best Growth Stocks To Own For 2023.


Recursion Pharmaceuticals Inc. (RXRX) estimates and forecasts

Looking at statistics comparing Recursion Pharmaceuticals Inc. share performance against respective industry, we note that the company has underperformed competitors. Recursion Pharmaceuticals Inc. (RXRX) shares are -43.48% down over the last 6 months, with its year-to-date growth rate lower than industry average at 2.21% against 10.80%. Revenue is forecast to grow 23.70% this quarter before falling -6.10% for the next one. The rating firms project that company’s revenue will grow 375.80% compared to the previous financial year.

Revenue forecast for the current quarter as set by 4 analysts is $24 million. Meanwhile, for the quarter ending Mar 2023, a total of 3 analyst(s) estimate revenue growth to $13.28 million.Earnings reports from the last fiscal year show that sales brought in $2.53 million and $5.33 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 847.50% before jumping 149.00% in the following quarter.

RXRX Dividends

Recursion Pharmaceuticals Inc. has its next earnings report out between May 08 and May 12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Recursion Pharmaceuticals Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Recursion Pharmaceuticals Inc. (NASDAQ:RXRX)’s Major holders

Recursion Pharmaceuticals Inc. insiders hold 7.55% of total outstanding shares, with institutional holders owning 86.39% of the shares at 93.45% float percentage. In total, 86.39% institutions holds shares in the company, led by Baillie Gifford and Company. As of Dec 30, 2022, the company held over 24.82 million shares (or 13.66% of shares), all amounting to roughly $191.37 million.

The next major institution holding the largest number of shares is Blackrock Inc. with 9.77 million shares, or about 5.38% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $103.92 million.

We also have SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF and Vanguard U.S. Growth Fund as the top two Mutual Funds with the largest holdings of the Recursion Pharmaceuticals Inc. (RXRX) shares. Going by data provided on Dec 30, 2022, SPDR (R) Ser Tr-SPDR (R) S&P (R) Biotech ETF holds roughly 5.0 million shares. This is just over 2.75% of the total shares, with a market valuation of $38.59 million. Data from the same date shows that the other fund manager holds a little less at 3.63 million, or 2.00% of the shares, all valued at about 34.11 million.

Leave a Comment

Your email address will not be published. Required fields are marked *

On Key

Related Posts