Recursion Pharmaceuticals Inc (NASDAQ:RXRX) has a beta value of 0.80 and has seen 0.76 million shares traded in the recent trading session. The company, currently valued at $1.95B, closed the recent trade at $6.68 per share which meant it gained $0.06 on the day or 0.91% during that session. The RXRX stock price is -135.63% off its 52-week high price of $15.74 and 25.6% 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 4.89 million shares traded. The 3-month trading volume is 5.04 million shares.
The consensus among analysts is that Recursion Pharmaceuticals Inc (RXRX) is Buy stock at the moment, with a recommendation rating of 2.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.35.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Recursion Pharmaceuticals Inc (NASDAQ:RXRX) trade information
Sporting 0.91% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the RXRX stock price touched $6.68 or saw a rise of 0.3%. Year-to-date, Recursion Pharmaceuticals Inc shares have moved -32.25%, while the 5-day performance has seen it change 8.09%. Over the past 30 days, the shares of Recursion Pharmaceuticals Inc (NASDAQ:RXRX) have changed 1.67%. Short interest in the company has seen 62.58 million shares shorted with days to cover at 12.15.
Wall Street analysts have a consensus price target for the stock at $11, which means that the shares’ value could jump 39.27% from the levels at last check today.. The projected low price target is $6.0 while the price target rests at a high of $12.0. In that case, then, we find that the latest price level in today’s session is -79.64% off the targeted high while a plunge would see the stock lose 10.18% 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 -14.25% over the past 6 months, with this year growth rate of 0.00%, compared to 19.10% for the industry. Revenue growth from the last financial year stood is estimated to be 54.80%.
7 analysts offering their estimates for the company have set an average revenue estimate of 29.84M for the current quarter. 7 have an estimated revenue figure of 14.6M for the next ending quarter. Year-ago sales stood 10.53M and 10.89M respectively for this quarter and the next, and analysts expect sales will grow by 183.30% for the current quarter and 54.80% for the next.
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 1.11% 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 on 2024-Nov-07 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 4.40% of the company shares, while shares held by institutions stand at 84.80% with a share float percentage of 88.71%. Investors are also buoyed by the number of investors in a company, with Recursion Pharmaceuticals Inc having a total of 358.0 institutions that hold shares in the company. The top two institutional holders are ARK INVESTMENT MANAGEMENT LLC with over 28.14 million shares worth more than $211.07 million. As of 2024-06-30, ARK INVESTMENT MANAGEMENT LLC held 11.924% of shares outstanding.
The other major institutional holder is BAILLIE GIFFORD & CO, with the holding of over 26.59 million shares as of 2024-06-30. The firm’s total holdings are worth over $199.42 million and represent 11.266% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are ARK ETF Tr-ARK Innovation ETF and ARK ETF Tr-ARK Genomic Revolution ETF . As of Sep 30, 2024 , the former fund manager holds about 6.39% shares in the company for having 17.83 shares of worth $117.34 million while later fund manager owns 12.71 shares of worth $83.63 million as of Sep 30, 2024 , which makes it owner of about 4.55% of company’s outstanding stock.
