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Telix Pharmaceuticals (NASDAQ:TLX) Shares Gap Down - Here's What Happened

Telix Pharmaceuticals logo with Medical background

Telix Pharmaceuticals Limited (NASDAQ:TLX - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $17.15, but opened at $16.25. Telix Pharmaceuticals shares last traded at $16.22, with a volume of 18,490 shares trading hands.

Analyst Upgrades and Downgrades

Several brokerages recently commented on TLX. Wedbush reiterated an "outperform" rating and set a $22.00 target price on shares of Telix Pharmaceuticals in a report on Thursday, June 12th. William Blair reiterated an "outperform" rating on shares of Telix Pharmaceuticals in a report on Wednesday, March 12th.

View Our Latest Research Report on Telix Pharmaceuticals

Telix Pharmaceuticals Trading Up 2.6%

The company has a current ratio of 2.78, a quick ratio of 2.66 and a debt-to-equity ratio of 0.99. The firm has a fifty day simple moving average of $17.04 and a 200-day simple moving average of $16.94.

Institutional Investors Weigh In On Telix Pharmaceuticals

A hedge fund recently bought a new stake in Telix Pharmaceuticals stock. ABC Arbitrage SA acquired a new position in shares of Telix Pharmaceuticals Limited (NASDAQ:TLX - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 26,939 shares of the company's stock, valued at approximately $451,000.

About Telix Pharmaceuticals

(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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