A share price of Lexeo Therapeutics Inc. [LXEO] is currently trading at $11.12, up 22.20%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The LXEO shares have gain 35.78% over the last week, with a monthly amount glided 6.72%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Lexeo Therapeutics Inc. [NASDAQ: LXEO] stock has seen the most recent analyst activity on June 13, 2024, when Robert W. Baird initiated its Outperform rating and assigned the stock a price target of $28. Previously, H.C. Wainwright started tracking the stock with Buy rating on June 06, 2024, and set its price target to $22. On November 28, 2023, Stifel initiated with a Buy rating and assigned a price target of $20 on the stock. RBC Capital Mkts started tracking the stock assigning a Outperform rating and suggested a price target of $22 on November 28, 2023. Leerink Partners initiated its recommendation with a Outperform and recommended $19 as its price target on November 28, 2023. JP Morgan started tracking with a Overweight rating for this stock on November 28, 2023, and assigned it a price target of $20. In a note dated November 28, 2023, Chardan Capital Markets initiated an Buy rating and provided a target price of $23 on this stock.
Lexeo Therapeutics Inc. experienced fluctuations in its stock price throughout the past year between $7.86 and $22.33. Currently, Wall Street analysts expect the stock to reach $28 within the next 12 months. Lexeo Therapeutics Inc. [NASDAQ: LXEO] shares were valued at $11.12 at the most recent close of the market. An investor can expect a potential return of 151.8% based on the average LXEO price forecast.
Analyzing the LXEO fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.4, Equity is -1.03 and Total Capital is -0.47. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 9.75 points at the first support level, and at 8.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.83, and for the 2nd resistance point, it is at 12.54.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Lexeo Therapeutics Inc. [NASDAQ:LXEO] is 9.38. Further, the Quick Ratio stands at 9.38, while the Cash Ratio is 9.27.
Transactions by insiders
Recent insider trading involved Townsend Richard Nolan, Chief Executive Officer, that happened on Oct 10 ’24 when 5000.0 shares were sold. Chief Executive Officer, Townsend Richard Nolan completed a deal on Sep 10 ’24 to sell 5000.0 shares. Meanwhile, Director Richard Nolan Townsend bought 12500.0 shares on Sep 10 ’24.
