Recursion Pharmaceuticals Inc (NASDAQ:RXRX) has a beta value of 0.84 and has seen 0.97 million shares traded in the recent trading session. The company, currently valued at $2.18B, closed the recent trade at $8.11 per share which meant it lost -$0.47 on the day or -5.45% during that session. The RXRX stock price is -95.68% off its 52-week high price of $15.87 and 38.72% above the 52-week low of $4.97. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.33 million shares traded. The 3-month trading volume is 5.62 million shares.
The consensus among analysts is that Recursion Pharmaceuticals Inc (RXRX) is Buy stock at the moment, with a recommendation rating of 2.43. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
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Recursion Pharmaceuticals Inc (NASDAQ:RXRX) trade information
Sporting -5.45% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the RXRX stock price touched $8.11 or saw a rise of 6.89%. Year-to-date, Recursion Pharmaceuticals Inc shares have moved -17.73%, while the 5-day performance has seen it change -2.85%. Over the past 30 days, the shares of Recursion Pharmaceuticals Inc (NASDAQ:RXRX) have changed -13.15%. Short interest in the company has seen 44.92 million shares shorted with days to cover at 7.04.
Wall Street analysts have a consensus price target for the stock at $16, which means that the shares’ value could jump 49.31% from the levels at last check today. The projected low price target is $16 while the price target rests at a high of $16. In that case, then, we find that the latest price level in today’s session is -97.29% off the targeted high while a plunge would see the stock gain -97.29% from the levels at last check today.
Recursion Pharmaceuticals Inc (RXRX) estimates and forecasts
Figures show that Recursion Pharmaceuticals Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -23.76% over the past 6 months, with this year growth rate of 1.27%, compared to 13.30% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -43.41% over the past 5 years. Earnings growth for 2024 is a modest 1.03% while over the next 5 years, the company’s earnings are expected to increase by 12.00%.
RXRX Dividends
Recursion Pharmaceuticals Inc is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Recursion Pharmaceuticals Inc (NASDAQ:RXRX)’s Major holders
Insiders own 4.51% of the company shares, while shares held by institutions stand at 88.79% with a share float percentage of 92.98%. Investors are also buoyed by the number of investors in a company, with Recursion Pharmaceuticals Inc having a total of 346.0 institutions that hold shares in the company. The top two institutional holders are ARK INVESTMENT MANAGEMENT LLC with over 24.59 million shares worth more than $245.14 million. As of 2024-03-31, ARK INVESTMENT MANAGEMENT LLC held 10.4176% of shares outstanding.
The other major institutional holder is BAILLIE GIFFORD & CO, with the holding of over 24.07 million shares as of 2024-03-31. The firm’s total holdings are worth over $239.96 million and represent 10.1974% of shares outstanding.