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LSB Industries (NYSE:LXU) shares reached a new 52-week high on Wednesday , AmericanBankingNews.com reports. The stock traded as high as $42.30 and last traded at $40.99, with a volume of 806,729 shares. The stock had previously closed at $39.77.

Separately, analysts at Singular Research raised their price target on shares of LSB Industries from $44.00 to $47.00 in a research note on Tuesday, May 13th. They now have a “buy” rating on the stock.

The stock’s 50-day moving average is $38.00 and its 200-day moving average is $36.06. The company has a market cap of $922.6 million and a price-to-earnings ratio of 14.18.

LSB Industries (NYSE:LXU) last released its earnings data on Wednesday, May 7th. The company reported $0.49 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.46 by $0.03. The company had revenue of $178.53 million for the quarter, compared to the consensus estimate of $144.89 million. During the same quarter last year, the company posted ($0.02) earnings per share. LSB Industries’s revenue was up 18.5% compared to the same quarter last year. On average, analysts predict that LSB Industries will post $2.26 earnings per share for the current fiscal year.

In other LSB Industries news, major shareholder Sbl, Llc unloaded 15,877 shares of LSB Industries stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $40.02, for a total value of $635,397.54. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

LSB Industries, Inc is a diversified holding company involved in manufacturing and marketing operations through its subsidiaries.

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