Lexaria Bioscience LEXX

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    +$0.02 (+2.32%)Past DayToday's Volume:
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    Relative Strength Index (RSI)

    - The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.

    - The RSI is calculated using the following formula:

    RSI = 100 - (100 / (1 + RS))

    Where RS is the ratio of the average gains to the average losses over a specified period.

    - The default time period used is 14 days.

    - RSI values range between 0 and 100.

    RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)

    RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)

    RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.

    About

    Lexaria Bioscience (LEXX) Business Model and Operations Summary
    Lexaria Bioscience Corp. operates as a biotechnology company. Its patented drug delivery technology, DehydraTECH, improves the way active pharmaceutical ingredients enter the bloodstream by promoting effective oral delivery. The company's DehydraTECH has demonstrated the ability to increase bio-absorption with cannabinoids and nicotine by 5-10x and in some instances with cannabinoids by 27x compared to standard industry formulations, reduce time of onset from 1 - 2 hours to minutes, and mask unwanted tastes; and is also being evaluated for orally administered anti-viral drugs, non-steroidal anti-inflammatory drugs (NSAIDs), PDE5 inhibitors, and others. DehydraTECH also deliver drugs effectively across the blood brain barrier. It operates a licensed in-house research laboratory and holds intellectual property portfolio with 23 patents granted and approximately 50 patents pending worldwide. Lexaria Bioscience Corp. was incorporated in 2004 and is headquartered in Kelowna, Canada.

    Key Insights

    Lexaria Bioscience (LEXX) Core Market Data and Business Metrics
    • Latest Closing Price

      $0.8503
    • Market Cap

      $18.84 Million
    • Average Daily Volume

      102,751 Shares
    • 52-Week Range

      $0.92-$4.38
    • Price-Earnings Ratio

      -1.25
    • Total Outstanding Shares

      19.56 Million Shares
    • CEO

      Mr. Richard C. Christopher
    • Total Employees

      7
    • Current Dividend

      No dividend
    • IPO Date

      September 8, 2006
    • SIC Description

      Pharmaceutical Preparations
    • Headquarters

      100 - 740 Mccurdy Road, Kelowna, A1, V1X 2P7

    Earnings Reports

    Expected vs. Actual Quarterly Earnings-Per-Share & Revenue

    Short Volume

    Daily short volume activity identifies short-term trading pressure and potential price volatility

    Short Interest

    Bi-monthly short interest levels can be used to gauge bearish market sentiment and short squeeze potential

    Revenue Breakdown

    Distribution of revenue across unique business segments & geographies

    Cash Flow Statement

    June 1, 2024 to May 31, 2025

    Income Statement

    June 1, 2024 to May 31, 2025

    Comprehensive Income

    June 1, 2024 to May 31, 2025

    Balance Sheet

    June 1, 2024 to May 31, 2025

    Historical Stock Splits

    Historical Dividends

    Recent Headlines From The Web

    Latest news, press releases, and media coverage about LEXX from trusted financial sources

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