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Fennec Pharmaceuticals (TSE:FRX) Share Price Crosses Below 50 Day Moving Average - Should You Sell?

Fennec Pharmaceuticals logo with Medical background

Fennec Pharmaceuticals Inc. (TSE:FRX - Get Free Report) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$6.47 and traded as low as C$5.68. Fennec Pharmaceuticals shares last traded at C$5.68, with a volume of 970 shares.

Fennec Pharmaceuticals Stock Up 0.2 %

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. The firm has a market capitalization of C$155.68 million, a price-to-earnings ratio of 56.90 and a beta of 0.25. The firm's 50-day moving average price is C$6.44 and its 200 day moving average price is C$8.08.

About Fennec Pharmaceuticals

(Get Free Report)

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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