LSB Industries Inc. (NYSE:LXU) shares were down 3% during trading on Thursday . The stock traded as low as $11.24 and last traded at $11.31, with a volume of 311,853 shares trading hands. The stock had previously closed at $11.66.

Several research analysts recently commented on LXU shares. Zacks Investment Research raised LSB Industries from a “sell” rating to a “hold” rating in a research report on Thursday, July 7th. Avondale Partners reissued an “outperform” rating and set a $15.00 price target on shares of LSB Industries in a research report on Monday, May 9th. Finally, Feltl & Co. raised LSB Industries from a “buy” rating to a “strong-buy” rating in a research report on Friday, May 6th.

The stock’s 50 day moving average is $12.00 and its 200-day moving average is $10.95. The firm’s market cap is $267.77 million.

LSB Industries (NYSE:LXU) last posted its quarterly earnings data on Wednesday, May 4th. The company reported ($0.47) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.24) by $0.23. The firm earned $165.60 million during the quarter, compared to analysts’ expectations of $161.43 million. The company’s quarterly revenue was down 16.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.28 earnings per share. Equities research analysts forecast that LSB Industries Inc. will post ($1.49) EPS for the current fiscal year.

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

A hedge fund recently raised its stake in LSB Industries stock. Russell Frank Co raised its stake in LSB Industries Inc. (NYSE:LXU) by 63.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (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 quarter.

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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