Luxfer Holdings PLC (NYSE:LXFR – Get Free Report) saw a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 146,200 shares, an increase of 51.8% from the February 13th total of 96,300 shares. Based on an average daily trading volume, of 136,500 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.6% of the company’s shares are short sold.
Luxfer Trading Up 0.9 %
Shares of LXFR traded up $0.11 during trading hours on Friday, hitting $12.12. 93,355 shares of the stock were exchanged, compared to its average volume of 134,219. Luxfer has a fifty-two week low of $9.26 and a fifty-two week high of $15.64. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.17 and a quick ratio of 1.14. The business has a 50-day moving average of $13.39 and a 200-day moving average of $13.26. The firm has a market capitalization of $324.01 million, a P/E ratio of 36.72, a price-to-earnings-growth ratio of 1.85 and a beta of 0.93.
Luxfer (NYSE:LXFR – Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The industrial products company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.03. Luxfer had a net margin of 2.37% and a return on equity of 9.26%. The company had revenue of $103.40 million during the quarter, compared to analysts’ expectations of $89.50 million. On average, research analysts expect that Luxfer will post 0.85 EPS for the current year.
Luxfer Announces Dividend
Institutional Investors Weigh In On Luxfer
Large investors have recently bought and sold shares of the stock. FMR LLC grew its holdings in Luxfer by 1.6% in the third quarter. FMR LLC now owns 2,725,821 shares of the industrial products company’s stock worth $35,299,000 after purchasing an additional 43,559 shares during the period. Barclays PLC grew its holdings in Luxfer by 64.2% in the third quarter. Barclays PLC now owns 66,809 shares of the industrial products company’s stock worth $865,000 after purchasing an additional 26,112 shares during the period. MML Investors Services LLC grew its holdings in Luxfer by 75.4% in the third quarter. MML Investors Services LLC now owns 19,135 shares of the industrial products company’s stock worth $248,000 after purchasing an additional 8,223 shares during the period. JPMorgan Chase & Co. grew its holdings in Luxfer by 129.4% in the third quarter. JPMorgan Chase & Co. now owns 27,727 shares of the industrial products company’s stock worth $359,000 after purchasing an additional 15,641 shares during the period. Finally, State Street Corp grew its holdings in Luxfer by 0.3% in the third quarter. State Street Corp now owns 558,847 shares of the industrial products company’s stock worth $7,237,000 after purchasing an additional 1,413 shares during the period. 90.82% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Separately, StockNews.com upgraded shares of Luxfer from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 21st.
View Our Latest Analysis on LXFR
Luxfer Company Profile
Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.
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