Lexeo Therapeutics Inc. (NASDAQ: LXEO) Is Worth A Look At Current Prices?

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During the last session, Lexeo Therapeutics Inc. (NASDAQ:LXEO)’s traded shares were 0.34 million. At the end of the trading day, the stock’s price was $8.19, reflecting an intraday gain of 2.89% or $0.23. The 52-week high for the LXEO share is $22.33, that puts it down -172.65 from that peak though still a striking 3.54% gain since the share price plummeted to a 52-week low of $7.90. The company’s market capitalization is $270.76M, and the average intraday trading volume over the past 10 days was 0.27 million shares, and the average trade volume was 349.06K shares over the past three months.

Lexeo Therapeutics Inc. (LXEO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.17. LXEO has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.69.

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Lexeo Therapeutics Inc. (NASDAQ:LXEO) trade information

Lexeo Therapeutics Inc. (LXEO) registered a 2.89% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.89% in intraday trading to $8.19, hitting a weekly high. The stock’s 5-day price performance is -5.43%, and it has moved by -17.02% in 30 days. The short interest in Lexeo Therapeutics Inc. (NASDAQ:LXEO) is 2.07 million shares and it means that shorts have 5.89 day(s) to cover.

The consensus price target of analysts on Wall Street is $28, which implies an increase of 70.75% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $28 and $28 respectively. As a result, LXEO is trading at a discount of -241.88% off the target high and -241.88% off the low.

Lexeo Therapeutics Inc. (LXEO) estimates and forecasts

Statistics show that Lexeo Therapeutics Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Lexeo Therapeutics Inc. (LXEO) shares have gone down -33.03% during the last six months, with a year-to-date growth rate more than the industry average at 77.90% against 19.50. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 94.40% this quarter and then jump 17.60% in the quarter after that.

While earnings are projected to return 77.51% in 2024.

LXEO Dividends

Lexeo Therapeutics Inc. is due to release its next quarterly earnings on 2024-Aug-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.