How to buy Lexaria Bioscience Corp stock (Lexaria Bioscience Corp)

Lexaria Bioscience, a Kelowna, Canada-based company that develops drug delivery platforms, is seeking a listing on the Nasdaq. The company is currently listed on the Over-the-Counter Markets under the ticker "LXRP," as well as the Canadian Securities Exchange under the ticker symbol "LXX."

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Lexaria Bioscience Corp stock price (NASDAQ: LEXX)

Use our graph to track the performance of LEXX stocks over time.

Lexaria Bioscience Corp shares at a glance

• Key figures

Information last updated 2024-10-25.

Latest market close	$2.52
52-week range	$1.17 - $6.85
50-day moving average more info button	$3.14
200-day moving average more info button	$2.97
Wall St. target price	$10.00
PE ratio more info button	N/A
Dividend yield more info button	N/A
Earnings per share (TTM) more info button	$-0.44

Is it a good time to buy Lexaria Bioscience Corp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Lexaria Bioscience Corp price performance over time

Historical closes compared with the close of $2.65 from 2024-10-25

1 week (2024-10-21)	-3.64%
1 month (2024-09-27)	-12.25%
3 months (2024-07-29)	-25.14%
6 months (2024-04-29)	7.72%

1 year (2023-10-27)	128.45%
2 years (2022-10-28)	18.83%
3 years (2021-10-29)	6.19
5 years (2019-10-29)	19.4522

Lexaria Bioscience Corp financials

Revenue TTM	$411,019
Gross profit TTM	$183,556
Return on assets TTM	-38.21%
Return on equity TTM	-70.66%
Profit margin	0%
Book value	$0.64
Market Capitalization more info button	$47.6 million

TTM: trailing 12 months

Lexaria Bioscience Corp share dividends

We're not expecting Lexaria Bioscience Corp to pay a dividend over the next 12 months.

You may also wish to consider:

• Pfizer (PFE.US) (5.82% forward annual dividend yield)

Have Lexaria Bioscience Corp's shares ever split?

Lexaria Bioscience Corp's shares were split on a 1:30 basis on 11 January 2021 . So if you had owned 30 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Lexaria Bioscience Corp shares – just the quantity. However, indirectly, the new 2900% higher share price could have impacted the market appetite for Lexaria Bioscience Corp shares which in turn could have impacted Lexaria Bioscience Corp's share price.

Lexaria Bioscience Corp share price volatility

Over the last 12 months, Lexaria Bioscience Corp's shares have ranged in value from as little as $1.1671 up to $6.85. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Lexaria Bioscience Corp's is 1.016. This would suggest that Lexaria Bioscience Corp's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

To put Lexaria Bioscience Corp's beta into context you can compare it against those of similar companies.

• Pfizer (PFE.US): 0.617
• Moderna (MRNA.US): 1.661
• BioNTech (BNTX.US): 0.245

Lexaria Bioscience Corp overview

Lexaria Bioscience Corp. operates as a biotechnology company. It develops and out-licenses its patented drug delivery technology, DehydraTECH, which combines lipophilic molecules or active pharmaceutical ingredients with specific long-chain fatty acids and carrier compounds that improve the way they enter the bloodstream, increasing their effectiveness and allowing for lower overall dosing while promoting healthier oral ingestion methods. The company's DehydraTECH is used with a range of active molecules encompassing fat-soluble vitamins, pain medications, hormones, PDE5 inhibitors, antivirals, oral nicotine and its analogs, and cannabinoids. Its DehydraTECH technology evaluates therapeutic indications, including hypertension, heart disease, and diabetes; and is suitable for a variety of product formats, such as pharmaceuticals, nutraceuticals, over the counter, and consumer packaged goods. Lexaria Bioscience Corp. was incorporated in 2004 and is headquartered in Kelowna, Canada.

Frequently asked questions

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What percentage of Lexaria Bioscience Corp is owned by insiders or institutions?
Currently 7.03% of Lexaria Bioscience Corp shares are held by insiders and 11.768% by institutions. How many people work for Lexaria Bioscience Corp?
Latest data suggests 5 work at Lexaria Bioscience Corp. When does the fiscal year end for Lexaria Bioscience Corp?
Lexaria Bioscience Corp's fiscal year ends in August. Where is Lexaria Bioscience Corp based?
Lexaria Bioscience Corp's address is: 740 McCurdy Road, Kelowna, BC, Canada, V1X 2P7 What is Lexaria Bioscience Corp's ISIN number?
Lexaria Bioscience Corp's international securities identification number is: US52886N4060