Knight Therapeutics Inc. (TSE:GUD) Insider Sime Armoyan Sells 550,000 Shares

Knight Therapeutics Inc. (TSE:GUD - Get Free Report) insider Sime Armoyan sold 550,000 shares of Knight Therapeutics stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of C$6.20, for a total value of C$3,410,000.00.

Sime Armoyan also recently made the following trade(s):

• On Friday, March 21st, Sime Armoyan sold 2,500,000 shares of Knight Therapeutics stock. The stock was sold at an average price of C$6.30, for a total transaction of C$15,750,000.00.
• On Monday, March 17th, Sime Armoyan sold 92,200 shares of Knight Therapeutics stock. The shares were sold at an average price of C$6.15, for a total transaction of C$567,030.00.
• On Thursday, March 13th, Sime Armoyan sold 1,100 shares of Knight Therapeutics stock. The shares were sold at an average price of C$6.10, for a total transaction of C$6,710.00.
• On Tuesday, March 4th, Sime Armoyan acquired 17,600 shares of Knight Therapeutics stock. The shares were acquired at an average cost of C$5.48 per share, for a total transaction of C$96,488.48.

Knight Therapeutics Stock Down 3.4 %

Shares of GUD stock traded down C$0.21 during mid-day trading on Monday, hitting C$5.97. 76,056 shares of the stock traded hands, compared to its average volume of 71,865. Knight Therapeutics Inc. has a 52-week low of C$5.09 and a 52-week high of C$6.45. The stock has a market cap of C$603.87 million, a P/E ratio of -19.93, a P/E/G ratio of -1,013.50 and a beta of 0.50. The company has a debt-to-equity ratio of 7.52, a current ratio of 3.36 and a quick ratio of 1.79. The stock's fifty day moving average is C$5.69 and its two-hundred day moving average is C$5.58.

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Analyst Upgrades and Downgrades

Separately, Research Capitl raised Knight Therapeutics from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th.

Knight Therapeutics Company Profile

Knight Therapeutics Inc develops, manufactures, acquires, in-licenses, out-licenses, markets, and distributes pharmaceutical and consumer health products, and medical devices worldwide. It offers Tafasitamab for relapsed or refractory diffuse large B-cell lymphoma; Pemigatinib for metastatic cholangiocarcinoma; Akynzeo for prevention of chemotherapy-induced acute and delayed nausea and vomiting; Aloxi for prevention of acute nausea and vomiting associated with emetogenic cancer chemotherapy; Fostamatinib for chronic immune thrombocytopenia; Nerlynx for extended adjuvant breast cancer and metastatic breast cancer; Trelstar for advanced prostate cancer; Vidaza for myelodysplastic syndrome; Abraxane for metastatic pancreatic cancer; Halaven for metastatic breast cancer and soft tissue sarcoma; and Lenvima for advanced renal cell cancer and for differentiated thyroid cancer and unresectable hepatocellular carcinoma.