NASDAQ:FENC

Fennec Pharmaceuticals (FENC) Stock Price, News & Analysis

$9.07
-0.17 (-1.84%)
(As of 04/24/2024 ET)
Today's Range
$8.96
$9.30
50-Day Range
$8.82
$11.12
52-Week Range
$6.30
$11.92
Volume
182,107 shs
Average Volume
115,039 shs
Market Capitalization
$245.80 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$17.33

Fennec Pharmaceuticals MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
91.1% Upside
$17.33 Price Target
Short Interest
Bearish
9.07% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.15mentions of Fennec Pharmaceuticals in the last 14 days
Based on 11 Articles This Week
Insider Trading
Selling Shares
$1.96 M Sold Last Quarter
Proj. Earnings Growth
536.36%
From $0.11 to $0.70 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.41 out of 5 stars

Medical Sector

461st out of 907 stocks

Biological Products, Except Diagnostic Industry

71st out of 154 stocks

FENC stock logo

About Fennec Pharmaceuticals Stock (NASDAQ:FENC)

Fennec Pharmaceuticals Inc., a biopharmaceutical company, develops product candidates for use in the treatment of cancer in the United States. Its lead product candidate is the Sodium Thiosulfate, which has completed the Phase III clinical trial for the prevention of cisplatin induced hearing loss or ototoxicity in children. The company was formerly known as Adherex Technologies Inc. and changed its name to Fennec Pharmaceuticals Inc. in September 2014. Fennec Pharmaceuticals Inc. was founded in 1996 and is based in Research Triangle Park, North Carolina.

FENC Stock Price History

FENC Stock News Headlines

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Fennec Pharmaceuticals Inc (NASDAQ:FENC) Short Interest Update
Q4 2023 Fennec Pharmaceuticals Inc Earnings Call
FENC Apr 2024 12.500 call
See More Headlines
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Company Calendar

Last Earnings
3/21/2024
Today
4/24/2024
Next Earnings (Estimated)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Biological products, except diagnostic
Sub-Industry
N/A
Current Symbol
NASDAQ:FENC
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.33
High Stock Price Target
$18.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+91.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$-16,050,000.00
Pretax Margin
-75.52%

Debt

Sales & Book Value

Annual Sales
$21.25 million
Book Value
($0.43) per share

Miscellaneous

Free Float
24,051,000
Market Cap
$245.80 million
Optionable
Optionable
Beta
0.38
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FENC Stock Analysis - Frequently Asked Questions

Should I buy or sell Fennec Pharmaceuticals stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fennec Pharmaceuticals in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FENC shares.
View FENC analyst ratings
or view top-rated stocks.

What is Fennec Pharmaceuticals' stock price target for 2024?

3 analysts have issued 12 month price targets for Fennec Pharmaceuticals' shares. Their FENC share price targets range from $16.00 to $18.00. On average, they expect the company's stock price to reach $17.33 in the next twelve months. This suggests a possible upside of 91.1% from the stock's current price.
View analysts price targets for FENC
or view top-rated stocks among Wall Street analysts.

How have FENC shares performed in 2024?

Fennec Pharmaceuticals' stock was trading at $11.22 at the beginning of 2024. Since then, FENC stock has decreased by 19.2% and is now trading at $9.07.
View the best growth stocks for 2024 here
.

Are investors shorting Fennec Pharmaceuticals?

Fennec Pharmaceuticals saw a increase in short interest in March. As of March 31st, there was short interest totaling 1,810,000 shares, an increase of 7.1% from the March 15th total of 1,690,000 shares. Based on an average trading volume of 110,600 shares, the days-to-cover ratio is presently 16.4 days. Currently, 9.1% of the company's stock are short sold.
View Fennec Pharmaceuticals' Short Interest
.

When is Fennec Pharmaceuticals' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our FENC earnings forecast
.

How were Fennec Pharmaceuticals' earnings last quarter?

Fennec Pharmaceuticals Inc (NASDAQ:FENC) posted its quarterly earnings data on Thursday, March, 21st. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.12. The firm earned $9.74 million during the quarter, compared to analysts' expectations of $9.47 million.

What guidance has Fennec Pharmaceuticals issued on next quarter's earnings?

Fennec Pharmaceuticals updated its FY 2023 earnings guidance on Thursday, February, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $20.7 million-$21.2 million, compared to the consensus revenue estimate of $19.6 million.

What other stocks do shareholders of Fennec Pharmaceuticals own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Fennec Pharmaceuticals investors own include Dynavax Technologies (DVAX), Sorrento Therapeutics (SRNE), Pfizer (PFE), Amarin (AMRN), VBI Vaccines (VBIV), Gilead Sciences (GILD), Trevena (TRVN), Aldeyra Therapeutics (ALDX), Coherus BioSciences (CHRS) and Exelixis (EXEL).

How do I buy shares of Fennec Pharmaceuticals?

Shares of FENC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FENC) was last updated on 4/25/2024 by MarketBeat.com Staff

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