Alert: Major Price Decline (9/30/19)-Lexicon Pharmaceuticals Inc (NASDAQ: LXRX).

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On 9/30/19, Lexicon Pharmaceuticals Inc (NASDAQ: LXRX) stock suffered a major decline of -12.4%, closing at $3.01. Moreover, this decline was accompanied by above average trading volume at 124% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -15.4% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be below the cost of capital, LXRX is expected to be a major Value Eraser.

LXRX is currently unrated.

Rating Review

The stock is currently unrated.

About John Lafferty 54938 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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