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Knight Therapeutics (TSE:GUD) Reaches New 1-Year High - Here's What Happened

Knight Therapeutics logo with Medical background
Image from MarketBeat Media, LLC.

Key Points

  • Knight Therapeutics' stock hit a new 52-week high of C$7.32 on Monday, trading at C$7.32 on volume of 3,480 shares and sitting above its 50-day (C$6.20) and 200-day (C$6.06) moving averages.
  • Despite the rally, fundamentals are mixed: the company has a market cap of about C$717.6M and reported C$0.09 EPS with C$133.2M in quarterly revenue, but shows a negative P/E (−146.40) and a negative net margin (−1.19%).
  • Knight carries a high debt-to-equity ratio (10.15) and a low beta (0.15), and analysts forecast roughly C$0.10 EPS for the current year.
  • MarketBeat previews top five stocks to own in May.

Knight Therapeutics Inc. (TSE:GUD - Get Free Report)'s stock price hit a new 52-week high on Monday . The company traded as high as C$7.32 and last traded at C$7.32, with a volume of 3480 shares. The stock had previously closed at C$7.08.

Knight Therapeutics Stock Performance

The firm has a market cap of C$717.62 million, a P/E ratio of -146.40, a PEG ratio of -1,013.50 and a beta of 0.15. The company has a debt-to-equity ratio of 10.15, a current ratio of 2.39 and a quick ratio of 1.79. The stock's 50 day moving average is C$6.20 and its two-hundred day moving average is C$6.06.

Knight Therapeutics (TSE:GUD - Get Free Report) last announced its earnings results on Thursday, March 19th. The company reported C$0.09 EPS for the quarter. The business had revenue of C$133.20 million for the quarter. Knight Therapeutics had a negative return on equity of 0.70% and a negative net margin of 1.19%. As a group, equities analysts predict that Knight Therapeutics Inc. will post 0.1009486 EPS for the current year.

Knight Therapeutics Company Profile

(Get Free Report)

Knight Therapeutics Inc is a specialty and generic drug manufacturing company. The company's principal business activity is focused on developing, acquiring, in-licensing, out-licensing, marketing, and distributing innovative pharmaceutical products, consumer health products, and medical devices in Canada and select international markets. Knight finances other life sciences companies across the globe in order to generate interest income, strengthen relationships in the life sciences industry, and to secure product distribution rights.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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