LSB Industries Inc. (NYSE:LXU)’s share price fell 3.3% on Wednesday . The company traded as low as $12.32 and last traded at $12.62, with a volume of 260,077 shares traded. The stock had previously closed at $13.05.

A number of research firms have recently weighed in on LXU. Zacks Investment Research downgraded shares of LSB Industries from a “hold” rating to a “sell” rating in a research note on Wednesday. Avondale Partners reaffirmed an “outperform” rating and issued a $15.00 price target on shares of LSB Industries in a research note on Monday, May 9th. Finally, Feltl & Co. raised shares of LSB Industries from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 6th.

The company’s market cap is $302.37 million. The firm has a 50-day moving average price of $12.73 and a 200-day moving average price of $10.30.

LSB Industries (NYSE:LXU) last announced its quarterly earnings data on Wednesday, May 4th. The company reported ($0.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.24) by $0.23. The business had revenue of $165.60 million for the quarter, compared to analysts’ expectations of $161.43 million. During the same quarter in the previous year, the firm posted $0.28 earnings per share. The business’s revenue was down 16.7% on a year-over-year basis. On average, analysts predict that LSB Industries Inc. will post ($1.27) EPS for the current fiscal year.

In other LSB Industries news, major shareholder Lsb Funding Llc sold 34,422 shares of the firm’s stock in a transaction that occurred on Thursday, May 19th. The shares were sold at an average price of $11.92, for a total value of $410,310.24. Following the transaction, the insider now directly owns 4,103,746 shares of the company’s stock, valued at $48,916,652.32. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

A hedge fund recently raised its stake in LSB Industries stock. Russell Frank Co raised its position in shares of LSB Industries Inc. (NYSE:LXU) by 63.6% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 273,827 shares of the company’s stock after buying an additional 106,429 shares during the period. Russell Frank Co owned 1.20% of LSB Industries worth $1,966,000 at the end of the most recent reporting period.

LSB Industries, Inc is a holding company engaged in manufacturing and marketing operations through its subsidiaries. The Company operates in two segments: Chemical Business and Climate Control Business. LSB and its wholly owned subsidiaries own businesses, which include chemical business manufactures and sells nitrogen-based chemical products for the agricultural, industrial, and mining markets and climate control business manufactures and sells a range of heating, ventilation and air conditioning (HVAC) products that include water source and geothermal heat pumps, hydronic fan coils, custom air handlers, modular geothermal and other chillers, and other related products and services.

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