Fennec Pharmaceuticals Inc. (TSE:FRX - Get Free Report) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$9.40 and traded as low as C$9.21. Fennec Pharmaceuticals shares last traded at C$9.21, with a volume of 201 shares changing hands.
Fennec Pharmaceuticals Trading Down 7.9 %
The firm has a market capitalization of C$163.53 million, a price-to-earnings ratio of -143.65 and a beta of 0.25. The business's 50-day moving average price is C$9.41 and its 200 day moving average price is C$8.11. The company has a debt-to-equity ratio of -620.83, a current ratio of 7.80 and a quick ratio of 10.17.
Insider Buying and Selling
In other Fennec Pharmaceuticals news, Director Rostislav Christov Raykov sold 7,569 shares of the firm's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of C$9.71, for a total transaction of C$73,503.54. Insiders have sold 21,186 shares of company stock valued at $196,017 in the last quarter. Company insiders own 16.20% of the company's stock.
Fennec Pharmaceuticals Company Profile
(
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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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