Lsb Industries (LXU) Plummets Amid Market Volatility

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Oct 30, 2024
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Lsb Industries, Inc. (LXU, Financial) experienced a significant stock price drop of 5.23%. The stock is currently priced at $7.98 per share, with a trading volume of 259,560 shares and a turnover rate of 0.36%. The price fluctuation amplitude stands at 5.58%.

Recent financial reports reveal the company generated revenue of $140 million, with a net profit of $9.56 million, leading to an earnings per share of $0.13. The gross profit reported was $27.42 million, while the price-to-earnings ratio was noted as -38.20.

In terms of institutional ratings, 67% of participating analysts recommend buying the stock, while 17% suggest holding, and 16% advise selling. The chemical products sector, where Lsb Industries operates, saw a slight overall increase of 0.21%.

Within the same industry, related stocks such as Asp Isotopes Inc., Green Plains Energy, and Valhi Inc. showed notable gains. Asp Isotopes Inc. exhibited a high turnover rate of 67.37%, with significant price fluctuations across its stocks, including a 40.45% amplitude for Asp Isotopes Inc.

Lsb Industries is renowned for manufacturing and selling chemical products in the U.S., catering to agricultural, industrial, and mining markets. Their offerings include ammonia and fertilizer-grade ammonium nitrate (AN and HDAN) for agriculture, high-purity ammonia and sulfuric acid for industrial use, and industrial-grade AN solutions for mining. These products are distributed directly to customers in the U.S. and other North American regions.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.