LSB Industries Inc. (NYSE:LXU) was down 8.5% during mid-day trading on Wednesday . The stock traded as low as $10.67 and last traded at $10.86, with a volume of 600,694 shares trading hands. The stock had previously closed at $11.87.

Several equities research analysts have recently issued reports 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 reaffirmed an “outperform” rating and issued 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 firm has a 50 day moving average price of $11.90 and a 200-day moving average price of $11.15. The stock’s market cap is $276.75 million.

LSB Industries (NYSE:LXU) last issued its quarterly earnings results on Monday, August 8th. The company reported ($0.73) EPS for the quarter, missing the consensus estimate of ($0.37) by $0.36. The business had revenue of $109.98 million for the quarter, compared to analysts’ expectations of $167.65 million. During the same quarter in the previous year, the business earned $0.02 earnings per share. LSB Industries’s quarterly revenue was down 12.4% on a year-over-year basis. On average, analysts anticipate that LSB Industries Inc. will post ($1.49) EPS for the current year.

In other LSB Industries news, major shareholder Lsb Funding Llc sold 34,422 shares of the business’s stock in a transaction dated Thursday, May 19th. The shares were sold at an average price of $11.92, for a total transaction of $410,310.24. Following the sale, the insider now directly owns 4,103,746 shares of the company’s stock, valued at approximately $48,916,652.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

An institutional investor recently raised its position 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 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 about 1.20% of LSB Industries worth $1,966,000 as of its most recent filing with the SEC.

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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