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Telix Pharmaceuticals Limited American Depositary Shares (NASDAQ:TLX) Shares Gap Down - Here's Why

Telix Pharmaceuticals Limited American Depositary Shares logo with Medical background

Telix Pharmaceuticals Limited American Depositary Shares (NASDAQ:TLX - Get Free Report)'s share price gapped down prior to trading on Monday . The stock had previously closed at $17.18, but opened at $16.03. Telix Pharmaceuticals Limited American Depositary Shares shares last traded at $16.06, with a volume of 8,957 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on TLX shares. UBS Group increased their price target on shares of Telix Pharmaceuticals Limited American Depositary Shares from $21.00 to $22.00 and gave the company a "buy" rating in a research note on Monday, January 27th. William Blair reaffirmed an "outperform" rating on shares of Telix Pharmaceuticals Limited American Depositary Shares in a research report on Wednesday, March 12th.

Check Out Our Latest Stock Analysis on TLX

Telix Pharmaceuticals Limited American Depositary Shares Trading Down 5.6%

The company has a 50-day moving average of $17.11.

Institutional Investors Weigh In On Telix Pharmaceuticals Limited American Depositary Shares

An institutional investor recently bought a new position in Telix Pharmaceuticals Limited American Depositary Shares stock. Private Advisor Group LLC bought a new position in shares of Telix Pharmaceuticals Limited American Depositary Shares (NASDAQ:TLX - Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,140 shares of the company's stock, valued at approximately $170,000.

Telix Pharmaceuticals Limited American Depositary Shares Company Profile

(Get Free Report)

Telix Pharmaceuticals Limited. engages in the development and commercialization of several clinical-stage oncology assets. It operates through the following segments: Commercial, Product Development, and Group and Unallocated. The Commercial segment includes sales of Illuccix and other products subsequent to obtaining regulatory approvals.

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