Should Recursion Pharmaceuticals Inc (NASDAQ: RXRX) Revive After A -120.11% Drop From Highs?

During the last session, Recursion Pharmaceuticals Inc (NASDAQ:RXRX)’s traded shares were 3.07 million, with the beta value of the company hitting 0.83. At the end of the trading day, the stock’s price was $7.61, reflecting an intraday loss of -3.30% or -$0.26. The 52-week high for the RXRX share is $16.75, that puts it down -120.11 from that peak though still a striking 34.69% gain since the share price plummeted to a 52-week low of $4.97. The company’s market capitalization is $2.04B, and the average intraday trading volume over the past 10 days was 5.36 million shares, and the average trade volume was 5.65 million shares over the past three months.

Recursion Pharmaceuticals Inc (RXRX) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.43. RXRX has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight.

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Recursion Pharmaceuticals Inc (NASDAQ:RXRX) trade information

Recursion Pharmaceuticals Inc (RXRX) registered a -3.30% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.30% in intraday trading to $7.61, hitting a weekly high. The stock’s 5-day price performance is -8.97%, and it has moved by -21.55% in 30 days. Based on these gigs, the overall price performance for the year is -52.02%. The short interest in Recursion Pharmaceuticals Inc (NASDAQ:RXRX) is 44.92 million shares and it means that shorts have 7.04 day(s) to cover.

The extremes of the forecast give a target low and a target high price of $16 and $16 respectively. As a result, RXRX is trading at a discount of -110.25% off the target high and -110.25% off the low.

Recursion Pharmaceuticals Inc (RXRX) estimates and forecasts

Statistics show that Recursion Pharmaceuticals Inc has underperformed its competitors in share price, compared to the industry in which it operates. Recursion Pharmaceuticals Inc (RXRX) shares have gone down -23.05% during the last six months, with a year-to-date growth rate less than the industry average at 1.27% against 13.00.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -43.41%. While earnings are projected to return 1.03% in 2024, the next five years will return 12.00% per annum.

RXRX Dividends

Recursion Pharmaceuticals Inc is due to release its next quarterly earnings in August. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

The next largest institutional holding, with 24.07 million shares, is of BAILLIE GIFFORD & CO’s that is approximately 10.1974% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $239.96 million.