LXFR Stock Summary and Trading Ideas (Luxfer Holdings PLC | NYSE:LXFR)

Luxfer Holdings PLC is a manufacturer industrial company innovating niche applications in materials engineering. It focuses on value creation by using its broad array of technical know-how and proprietary technologies to help create a safe, clean, and energy-efficient world. Luxfer's high-performance materials, components, and high-pressure gas containment devices are used in defense, first response and healthcare, transportation, and general industrial applications. It focuses on product lines related to magnesium alloys, zirconium chemicals, and carbon composites. Its segments are Elektron, Gas Cylinders, and Graphic Arts. It generates the majority of its revenue from Elektron and as well as Gas Cylinders.

Luxfer Holdings PLC trades on the NYSE stock market under the symbol LXFR.

As of April 18, 2024, LXFR stock price declined to $9.39 with 116,576 million shares trading.

LXFR has a beta of 0.82, meaning it tends to be less sensitive to market movements. LXFR has a correlation of 0.04 to the broad based SPY ETF.

LXFR has a market cap of $252.32 million. This is considered a Small Cap stock.

Last quarter Luxfer Holdings PLC reported $96 million in Revenue and $.09 earnings per share. This beat revenue expectation by $6 million and exceeded earnings estimates by $.07.

In the last 3 years, LXFR stock traded as high as $23.91 and as low as $7.55.

The top ETF exchange traded funds that LXFR belongs to (by Net Assets): IFRA, VTI, IWM, VXF, IWN.

LXFR has underperformed the market in the last year with a price return of -37.8% while the SPY ETF gained +22.3%. However, in the short term, LXFR had mixed performance relative to the market. It has outperformed in the last 3 months, returning +20.7% vs +6.1% return in SPY. But in the last 2 weeks, LXFR shares have been beat by the market, returning -8.6% compared to an SPY return of -3.8%.

LXFR support price is $9.62 and resistance is $10.12 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LXFR stock will trade within this expected range on the day.