Lexaria Bioscience Corp Stock Today

LEXX Stock  USD 2.09  0.04  1.88%   

Performance

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Odds Of Distress

Over 54

 
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Lexaria Bioscience is trading at 2.09 as of the 28th of November 2024; that is 1.88% down since the beginning of the trading day. The stock's open price was 2.13. Lexaria Bioscience has 54 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Lexaria Bioscience Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
10th of October 2006
Category
Healthcare
Classification
Health Care
Lexaria Bioscience Corp. operates as a biotechnology company. Lexaria Bioscience Corp. was incorporated in 2004 and is headquartered in Kelowna, Canada. Lexaria Bioscience is traded on NASDAQ Exchange in the United States. The company has 17.45 M outstanding shares of which 277.08 K shares are now shorted by private and institutional investors with about 2.34 trading days to cover. More on Lexaria Bioscience Corp

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Lexaria Stock Highlights

ESG Sustainability
Environmental
Governance
Social
President DirectorJohn MSc
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.310.0524
Way Up
Slightly volatile
Total Current Liabilities1.2 M1.1 M
Sufficiently Up
Very volatile
Non Current Liabilities Total209.8 K109.3 K
Way Up
Slightly volatile
Total Assets9.3 M8.9 M
Sufficiently Up
Slightly volatile
Total Current Assets8.3 M7.9 M
Sufficiently Up
Slightly volatile
Debt Levels
Lexaria Bioscience can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lexaria Bioscience's financial leverage. It provides some insight into what part of Lexaria Bioscience's total assets is financed by creditors.
Liquidity
Lexaria Bioscience Corp currently holds 137.37 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Lexaria Bioscience Corp has a current ratio of 39.29, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Lexaria Bioscience's use of debt, we should always consider it together with its cash and equity.

Depreciation

85,860
Lexaria Bioscience Corp (LEXX) is traded on NASDAQ Exchange in USA. It is located in 740 McCurdy Road, Kelowna, BC, Canada, V1X 2P7 and employs 5 people. Lexaria Bioscience is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 37.17 M. Lexaria Bioscience Corp conducts business under Biotechnology sector and is part of Health Care industry. The entity has 17.45 M outstanding shares of which 277.08 K shares are now shorted by private and institutional investors with about 2.34 trading days to cover. Lexaria Bioscience Corp currently holds about 7.34 M in cash with (4.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.23.
Check Lexaria Bioscience Probability Of Bankruptcy
Ownership Allocation
Lexaria Bioscience Corp maintains a total of 17.45 Million outstanding shares. Lexaria Bioscience Corp secures 7.0 % of its outstanding shares held by insiders and 6.0 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Lexaria Ownership Details

Lexaria Stock Institutional Holders

InstituionRecorded OnShares
Wealth Enhancement Advisory Services, Llc2024-09-30
13.8 K
Royal Bank Of Canada2024-06-30
7.3 K
Oakworth Capital Inc2024-09-30
K
Tower Research Capital Llc2024-06-30
3.4 K
Wells Fargo & Co2024-06-30
3.3 K
Advisor Group Holdings, Inc.2024-06-30
2.3 K
Aspire Private Capital, Llc2024-09-30
400
Mather Group, Inc.2024-06-30
100.0
Bank Of America Corp2024-06-30
96.0
Invenomic Capital Management, Lp2024-09-30
475.8 K
Geode Capital Management, Llc2024-09-30
150.4 K
View Lexaria Bioscience Diagnostics

Lexaria Bioscience Historical Income Statement

At this time, Lexaria Bioscience's Depreciation And Amortization is fairly stable compared to the past year. Interest Expense is likely to rise to about 107.8 K in 2024, whereas Other Operating Expenses is likely to drop slightly above 3.2 M in 2024. View More Fundamentals

Lexaria Stock Against Markets

Lexaria Bioscience Corporate Management

Additional Tools for Lexaria Stock Analysis

When running Lexaria Bioscience's price analysis, check to measure Lexaria Bioscience's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lexaria Bioscience is operating at the current time. Most of Lexaria Bioscience's value examination focuses on studying past and present price action to predict the probability of Lexaria Bioscience's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lexaria Bioscience's price. Additionally, you may evaluate how the addition of Lexaria Bioscience to your portfolios can decrease your overall portfolio volatility.