Fennec Pharmaceuticals Inc. (TSE:FRX - Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$11.68 and last traded at C$11.25, with a volume of 300 shares traded. The stock had previously closed at C$11.25.
Fennec Pharmaceuticals Stock Performance
The firm has a market capitalization of C$218.50 million, a PE ratio of -191.93 and a beta of 0.25. The company has a debt-to-equity ratio of -620.83, a current ratio of 7.80 and a quick ratio of 10.17. The stock has a 50-day moving average price of C$8.68 and a 200-day moving average price of C$8.82.
Insider Activity at Fennec Pharmaceuticals
In related news, Senior Officer Robert Christopher Andrade bought 8,220 shares of the stock in a transaction dated Monday, June 2nd. The stock was bought at an average cost of C$6.99 per share, with a total value of C$57,433.14. Also, Director Jeffrey Hackman bought 15,000 shares of the stock in a transaction dated Monday, May 19th. The shares were bought at an average cost of C$9.77 per share, with a total value of C$146,580.00. Insiders sold a total of 28,076 shares of company stock valued at $242,518 over the last three months. 16.20% of the stock is owned by insiders.
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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