Luxfer (NYSE:LXFR - Get Free Report) was upgraded by research analysts at StockNews.com from a "buy" rating to a "strong-buy" rating in a research report issued on Friday.
Luxfer Stock Performance
Shares of NYSE LXFR traded down $0.13 during trading hours on Friday, reaching $13.83. The stock had a trading volume of 159,861 shares, compared to its average volume of 120,771. Luxfer has a twelve month low of $7.61 and a twelve month high of $15.64. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.17 and a quick ratio of 1.14. The business's fifty day moving average is $13.64 and its two-hundred day moving average is $13.09. The company has a market cap of $370.30 million, a price-to-earnings ratio of 41.89, a PEG ratio of 1.85 and a beta of 0.88.
Luxfer (NYSE:LXFR - Get Free Report) last released its quarterly earnings data on Tuesday, February 25th. The industrial products company reported $0.25 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.03. Luxfer had a net margin of 2.37% and a return on equity of 9.26%. As a group, research analysts expect that Luxfer will post 0.85 EPS for the current year.
Hedge Funds Weigh In On Luxfer
Hedge funds and other institutional investors have recently modified their holdings of the stock. R Squared Ltd acquired a new position in Luxfer during the fourth quarter worth $42,000. Globeflex Capital L P bought a new stake in shares of Luxfer in the 4th quarter worth about $101,000. SG Americas Securities LLC acquired a new stake in shares of Luxfer during the 3rd quarter worth about $130,000. Price T Rowe Associates Inc. MD bought a new position in Luxfer during the 4th quarter valued at about $137,000. Finally, Dynamic Technology Lab Private Ltd acquired a new position in Luxfer in the fourth quarter valued at about $137,000. Institutional investors own 90.82% of the company's stock.
Luxfer Company Profile
(
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Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.
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