Fennec Pharmaceuticals (TSE:FRX - Get Free Report) was upgraded by Stephens to a "strong-buy" rating in a research report issued on Monday,Zacks.com reports.
Fennec Pharmaceuticals Stock Up 16.9 %
Fennec Pharmaceuticals stock traded up C$0.96 during mid-day trading on Monday, reaching C$6.65. The stock had a trading volume of 5,639 shares, compared to its average volume of 1,852. The company has a market capitalization of C$181.94 million, a price-to-earnings ratio of 66.50 and a beta of 0.25. The company has a debt-to-equity ratio of 1,040.68, a current ratio of 8.02 and a quick ratio of 10.17. Fennec Pharmaceuticals has a one year low of C$5.65 and a one year high of C$15.43. The company has a 50-day moving average price of C$6.41 and a two-hundred day moving average price of C$8.03.
About Fennec Pharmaceuticals
(
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Fennec Pharmaceuticals Inc operates as a biopharmaceutical company in the United States. The company's product candidate includes PEDMARK, a formulation of sodium thiosulfate for the prevention of platinum-induced ototoxicity in pediatric cancer patients. It sells its products through regional pediatric oncology specialists and medical science liaisons.
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