Knight Therapeutics (TSE:GUD) Hits New 12-Month High at $5.80

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Knight Therapeutics Inc. (TSE:GUD - Get Free Report)'s share price reached a new 52-week high on Wednesday . The stock traded as high as C$5.80 and last traded at C$5.79, with a volume of 74925 shares traded. The stock had previously closed at C$5.57.

Wall Street Analysts Forecast Growth

GUD has been the topic of a number of analyst reports. Raymond James lifted their price target on Knight Therapeutics from C$7.00 to C$7.50 and gave the stock an "outperform" rating in a research note on Wednesday, March 6th. Royal Bank of Canada raised their target price on shares of Knight Therapeutics from C$6.50 to C$7.00 and gave the stock an "outperform" rating in a report on Friday, March 22nd.

Read Our Latest Stock Analysis on GUD

Knight Therapeutics Trading Up 4.5 %

The stock's fifty day moving average price is C$5.43 and its 200 day moving average price is C$5.19. The stock has a market cap of C$588.81 million, a P/E ratio of -36.44, a PEG ratio of -1,013.50 and a beta of 0.49. The company has a current ratio of 3.20, a quick ratio of 1.79 and a debt-to-equity ratio of 9.25.

Insider Buying and Selling at Knight Therapeutics

In other Knight Therapeutics news, insider Sime Armoyan sold 28,200 shares of the firm's stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of C$5.75, for a total transaction of C$162,150.00. 46.45% of the stock is owned by company insiders.


About Knight Therapeutics

(Get Free Report)

Knight Therapeutics Inc develops, manufactures, acquires, in-licenses, out-licenses, markets, and distributes pharmaceutical and consumer health products, and medical devices worldwide. It offers Tafasitamab for relapsed or refractory diffuse large B-cell lymphoma; Pemigatinib for metastatic cholangiocarcinoma; Akynzeo for prevention of chemotherapy-induced acute and delayed nausea and vomiting; Aloxi for prevention of acute nausea and vomiting associated with emetogenic cancer chemotherapy; Fostamatinib for chronic immune thrombocytopenia; Nerlynx for extended adjuvant breast cancer and metastatic breast cancer; Trelstar for advanced prostate cancer; Vidaza for myelodysplastic syndrome; Abraxane for metastatic pancreatic cancer; Halaven for metastatic breast cancer and soft tissue sarcoma; and Lenvima for advanced renal cell cancer and for differentiated thyroid cancer and unresectable hepatocellular carcinoma.

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