Luxfer (NYSE:LXFR) Stock Rating Upgraded by StockNews.com

Luxfer (NYSE:LXFR) was upgraded by equities research analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a report released on Tuesday.

Luxfer Trading Up 3.4 %

LXFR stock opened at $13.23 on Tuesday. Luxfer has a one year low of $7.55 and a one year high of $15.64. The stock has a market cap of $354.37 million, a price-to-earnings ratio of 40.09, a price-to-earnings-growth ratio of 2.29 and a beta of 0.88. The company has a fifty day moving average price of $13.78 and a two-hundred day moving average price of $12.66. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.17 and a quick ratio of 1.14.

Institutional Investors Weigh In On Luxfer

A number of institutional investors have recently made changes to their positions in the company. FMR LLC boosted its position in shares of Luxfer by 1.6% during the 3rd quarter. FMR LLC now owns 2,725,821 shares of the industrial products company’s stock worth $35,299,000 after acquiring an additional 43,559 shares in the last quarter. Royce & Associates LP boosted its holdings in shares of Luxfer by 23.2% in the 3rd quarter. Royce & Associates LP now owns 1,348,392 shares of the industrial products company’s stock valued at $17,462,000 after purchasing an additional 253,670 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Luxfer by 23.1% in the 2nd quarter. American Century Companies Inc. now owns 899,263 shares of the industrial products company’s stock valued at $10,422,000 after purchasing an additional 169,015 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Luxfer by 2.5% during the 3rd quarter. Geode Capital Management LLC now owns 627,817 shares of the industrial products company’s stock worth $8,132,000 after buying an additional 15,030 shares in the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of Luxfer by 7.0% during the 2nd quarter. AQR Capital Management LLC now owns 561,878 shares of the industrial products company’s stock worth $6,512,000 after buying an additional 36,711 shares during the last quarter. Institutional investors own 90.82% of the company’s stock.

About Luxfer

Luxfer Holdings PLC, together with its subsidiaries, designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and first response, healthcare, transportation, and general industrial applications. The company operates through three segments: Elektron, Gas Cylinders, and graphic Arts.