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Telix Pharmaceuticals (NASDAQ:TLX) Shares Gap Down - What's Next?

Telix Pharmaceuticals logo with Medical background

Telix Pharmaceuticals Limited (NASDAQ:TLX - Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $16.92, but opened at $16.20. Telix Pharmaceuticals shares last traded at $16.04, with a volume of 2,827 shares traded.

Wall Street Analyst Weigh In

TLX has been the subject of several research analyst reports. William Blair restated an "outperform" rating on shares of Telix Pharmaceuticals in a research report on Wednesday. HC Wainwright began coverage on shares of Telix Pharmaceuticals in a research report on Thursday, July 3rd. They set a "buy" rating and a $23.00 price target for the company. Finally, Wedbush reiterated an "outperform" rating and issued a $22.00 price objective on shares of Telix Pharmaceuticals in a report on Thursday, June 12th.

Read Our Latest Stock Analysis on Telix Pharmaceuticals

Telix Pharmaceuticals Price Performance

The company has a quick ratio of 2.66, a current ratio of 2.78 and a debt-to-equity ratio of 0.99. The stock's fifty day simple moving average is $16.77 and its 200 day simple moving average is $16.95.

Institutional Trading of Telix Pharmaceuticals

An institutional investor recently bought a new position in Telix Pharmaceuticals stock. Private Advisor Group LLC purchased a new position in shares of Telix Pharmaceuticals Limited (NASDAQ:TLX - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 10,140 shares of the company's stock, valued at approximately $170,000.

Telix Pharmaceuticals 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.

Further Reading

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