Price Action Don’t Lie: LSB Industries, Inc. Can’t Burn Your Short Portfolio. Has Another Weak Session

Price Action Don't Lie: LSB Industries, Inc. Can't Burn Your Short Portfolio. Has Another Weak Session

The stock of LSB Industries, Inc. (NYSE:LXU) is a huge mover today! About 764,893 shares traded hands. LSB Industries, Inc. (NYSE:LXU) has declined 36.83% since April 13, 2016 and is downtrending. It has underperformed by 40.76% the S&P500.
The move comes after 8 months negative chart setup for the $232.74 million company. It was reported on Nov, 15 by Barchart.com. We have $7.24 PT which if reached, will make NYSE:LXU worth $30.26 million less.

LSB Industries, Inc. (NYSE:LXU) Ratings Coverage

Out of 2 analysts covering LSB Industries (NYSE:LXU), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. LSB Industries has been the topic of 3 analyst reports since August 13, 2015 according to StockzIntelligence Inc. Avondale maintained it with “Market Outperform” rating and $13 target price in Wednesday, March 9 report. The stock has “Hold” rating given by Zacks on Thursday, August 13. The rating was upgraded by Feltl & Co to “Buy” on Wednesday, March 2.

According to Zacks Investment Research, “LSB Industries, Inc. is a diversified holding company which is engaged, through its subsidiaries, in the manufacture and sale of chemical products for the explosives, agricultural and industrial acids markets; the manufacture and sale of a broad range of hydronic fan coils and water source heat pumps as well as other products used in commercial and residential air conditioning systems; and the manufacture or purchase and sale of certain automotive and industrial products, including automotive bearings and other automotive replacement parts.”

Insitutional Activity: The institutional sentiment decreased to 1.24 in Q2 2016. Its down 0.23, from 1.47 in 2016Q1. The ratio worsened, as 17 funds sold all LSB Industries, Inc. shares owned while 33 reduced positions. 19 funds bought stakes while 43 increased positions. They now own 18.61 million shares or 15.09% more from 16.17 million shares in 2016Q1.
Ny State Teachers Retirement Sys, a New York-based fund reported 39,582 shares. Pnc Financial holds 0% or 163 shares in its portfolio. Barnett Commerce accumulated 22,175 shares or 0.15% of the stock. D E Shaw & Co accumulated 40,334 shares or 0% of the stock. Sei Investments Company, a Pennsylvania-based fund reported 333 shares. The Quebec – Canada-based Sector Pension Investment Board has invested 0% in LSB Industries, Inc. (NYSE:LXU). Teachers Retirement Of The State Of Kentucky has invested 0% of its portfolio in LSB Industries, Inc. (NYSE:LXU). Boston Ptnrs holds 0% of its portfolio in LSB Industries, Inc. (NYSE:LXU) for 169,272 shares. Connor Clark And Lunn Management Limited accumulated 0.02% or 182,100 shares. California State Teachers Retirement System has invested 0% of its portfolio in LSB Industries, Inc. (NYSE:LXU). Phoenix Invest Adviser Limited Com, a New York-based fund reported 40,000 shares. Financial Bank Of Montreal Can has 437 shares for 0% of their US portfolio. Andalusian Capital Lp owns 61,951 shares or 1.65% of their US portfolio. Manufacturers Life The holds 0% or 15,122 shares in its portfolio. Millrace Asset Gru accumulated 0.89% or 45,000 shares.

More notable recent LSB Industries, Inc. (NYSE:LXU) news were published by: Businesswire.com which released: “LSB Industries, Inc. Exploring Strategic Alternatives” on November 03, 2016, also Businesswire.com with their article: “LSB Industries, Inc. Announces Successful Completion of Consent Solicitation” published on September 07, 2016, Businesswire.com published: “LSB Industries, Inc. Appoints John Diesch Executive Vice President, Chemical …” on August 02, 2016. More interesting news about LSB Industries, Inc. (NYSE:LXU) were released by: Businesswire.com and their article: “LSB Industries, Inc. Provides Update on Its Pryor, Oklahoma Facility” published on October 19, 2016 as well as Businesswire.com‘s news article titled: “LSB Industries, Inc. Announces That Its El Dorado, Arkansas Facility Ammonia …” with publication date: August 05, 2016.

LXU Company Profile

LSB Industries, Inc., incorporated on January 21, 1977, is a diversified holding firm engaged in manufacturing activities through its subsidiaries. The Company’s divisions are Chemical Business, Climate Control Business and Other. The Company’s Chemical Business segment makes and sells nitrogen chemical products for the agricultural, industrial and mining markets. It produces chemical products from approximately four facilities located in El Dorado, Arkansas; Cherokee, Alabama; Pryor, Oklahoma, and Baytown, Texas. The Company’s Climate Control Business makes 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 services and products. These products are used in commercial or institutional and residential new buildings construction, renovation of existing buildings and replacement of existing systems. The Company’s climate control business makes and distributes its products from approximately seven facilities located in Oklahoma City, Oklahoma. The Company’s Other segment sells industrial machinery and related components to machine tool dealers and end users located in North America.

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