LSB Industries (NYSE:LXU) Lowered to Sell Rating by StockNews.com

StockNews.com downgraded shares of LSB Industries (NYSE:LXU - Free Report) from a hold rating to a sell rating in a research report released on Wednesday.

Separately, Piper Sandler upgraded shares of LSB Industries from an "underweight" rating to an "overweight" rating and raised their price objective for the stock from $9.00 to $11.00 in a research report on Monday, January 13th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $10.75.

LSB Industries Trading Up 2.7 %

LSB Industries stock traded up $0.19 during midday trading on Wednesday, hitting $7.13. 238,178 shares of the stock were exchanged, compared to its average volume of 382,214. LSB Industries has a fifty-two week low of $6.43 and a fifty-two week high of $10.40. The stock has a market capitalization of $511.92 million, a price-to-earnings ratio of -33.93, a PEG ratio of 0.89 and a beta of 0.69. The stock's 50-day simple moving average is $8.00 and its 200 day simple moving average is $8.20. The company has a current ratio of 2.53, a quick ratio of 2.36 and a debt-to-equity ratio of 0.95.

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Institutional Investors Weigh In On LSB Industries

Institutional investors have recently made changes to their positions in the stock. Tower Research Capital LLC TRC increased its position in shares of LSB Industries by 157.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 3,650 shares of the conglomerate's stock valued at $28,000 after acquiring an additional 2,230 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in shares of LSB Industries in the fourth quarter valued at approximately $54,000. New York State Common Retirement Fund grew its holdings in shares of LSB Industries by 48.6% in the fourth quarter. New York State Common Retirement Fund now owns 8,253 shares of the conglomerate's stock valued at $63,000 after purchasing an additional 2,700 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of LSB Industries in the fourth quarter valued at approximately $71,000. Finally, EP Wealth Advisors LLC acquired a new position in shares of LSB Industries in the fourth quarter valued at approximately $84,000. 73.67% of the stock is currently owned by institutional investors and hedge funds.

LSB Industries Company Profile

LSB Industries, Inc engages in the manufacture, marketing, and sale of chemical products. The company provides nitrogen-based fertilizers, such as ammonia, fertilizer grade high density ammonium nitrate (HDAN), and urea ammonia nitrate for fertilizer for corn, pastures, and other crops, as well as nitrogen, phosphorus, and potassium (NPK) fertilizer blends application.