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

Several equities analysts have commented on LXU shares. Zacks Investment Research downgraded shares of LSB Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, July 13th. Avondale Partners restated 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. upgraded shares of LSB Industries from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 6th.

The firm’s market capitalization is $269.91 million. The company has a 50-day moving average of $11.96 and a 200-day moving average of $10.96.

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 the consensus estimate of ($0.24) by $0.23. The company had revenue of $165.60 million for the quarter, compared to analyst estimates of $161.43 million. The business’s revenue for the quarter was down 16.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.28 earnings per share. Analysts forecast that LSB Industries Inc. will post ($1.49) EPS for the current year.

In related news, major shareholder Lsb Funding Llc sold 34,422 shares of the company’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 transaction of $410,310.24. Following the transaction, the insider now 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 Securities & Exchange Commission, which is accessible through this link.

An institutional investor recently raised its position in LSB Industries stock. Russell Frank Co boosted its stake in shares of LSB Industries Inc. (NYSE:LXU) by 63.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 273,827 shares of the company’s stock after buying an additional 106,429 shares during the period. Russell Frank Co owned approximately 1.20% of LSB Industries worth $1,966,000 as of its most recent SEC filing.

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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