NASDAQ:FENC

Fennec Pharmaceuticals (FENC) Stock Forecast, Price & News

$8.63

+0.01 (+0.12%)

(As of 05:16 PM ET)

Compare

Today's Range: $8.47
▼
$8.84
50-Day Range: $7.27
▼
$9.00
52-Week Range: $5.26
▼
$10.85

Volume: 81,569 shs
Average Volume: 90,785 shs
Market Capitalization: $228.52 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $15.50

Fennec Pharmaceuticals MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 82.6% Upside
$15.50 Price Target
Short Interest: Bearish
6.73% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.33
Based on 2 Articles This Week
Insider Trading: Selling Shares
$12,939 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.50) to $0.13 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.73 out of 5 stars

Medical Sector

818th out of 986 stocks

Biological Products, Except Diagnostic Industry

133rd out of 163 stocks

3.5

Analyst's Opinion

Consensus Rating
Fennec Pharmaceuticals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $15.50, Fennec Pharmaceuticals has a forecasted upside of 82.6% from its current price of $8.49.
Amount of Analyst Coverage
Fennec Pharmaceuticals has only been the subject of 2 research reports in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
6.73% of the float of Fennec Pharmaceuticals has been sold short.
Short Interest Ratio / Days to Cover
Fennec Pharmaceuticals has a short interest ratio ("days to cover") of 17, which indicates bearish sentiment.
Change versus previous month

0.0

Dividend Strength

Dividend Yield
Fennec Pharmaceuticals does not currently pay a dividend.
Dividend Growth
Fennec Pharmaceuticals does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FENC.

1.3

News and Social Media Coverage

News Sentiment
Fennec Pharmaceuticals has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Fennec Pharmaceuticals this week, compared to 2 articles on an average week.
Search Interest
Only 3 people have searched for FENC on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Fennec Pharmaceuticals insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,939.00 in company stock.
Percentage Held by Insiders
11.25% of the stock of Fennec Pharmaceuticals is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
43.34% of the stock of Fennec Pharmaceuticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Fennec Pharmaceuticals are expected to grow in the coming year, from ($0.50) to $0.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Fennec Pharmaceuticals is -8.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Fennec Pharmaceuticals is -8.58, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

About Fennec Pharmaceuticals (NASDAQ:FENC) Stock

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.

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FENC Stock News Headlines

June 8, 2023 | finance.yahoo.com

Retail investors who hold 38% of Fennec Pharmaceuticals Inc. (NASDAQ:FENC) gained 13%, institutions profited as well

June 6, 2023 | finance.yahoo.com

Fennec Pharmaceuticals Announces European Commission Marketing Authorization for Pedmarqsi™ (sodium thiosulfate) to Reduce the Risk of Hearing Loss in Pediatric Oncology Patients

June 9, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.

May 21, 2023 | americanbankingnews.com

Chris A. Rallis Sells 1,758 Shares of Fennec Pharmaceuticals Inc (NASDAQ:FENC) Stock

May 19, 2023 | americanbankingnews.com

FY2023 EPS Estimates for Fennec Pharmaceuticals Inc (NASDAQ:FENC) Lowered by Cantor Fitzgerald

May 17, 2023 | insidermonkey.com

Fennec Pharmaceuticals Inc. (NASDAQ:FENC) Q1 2023 Earnings Call Transcript

May 17, 2023 | americanbankingnews.com

Equities Analysts Offer Predictions for Fennec Pharmaceuticals Inc's FY2027 Earnings (NASDAQ:FENC)

May 16, 2023 | americanbankingnews.com

Fennec Pharmaceuticals Inc to Post FY2027 Earnings of $2.68 Per Share, Capital One Financial Forecasts (NASDAQ:FENC)

June 9, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

May 12, 2023 | markets.businessinsider.com

Maxim Group Sticks to Its Buy Rating for Fennec Pharmaceuticals (FENC)

May 11, 2023 | finanznachrichten.de

Fennec Pharmaceuticals Inc.: Fennec Pharmaceuticals Announces First Quarter 2023 Financial Results and Provides Business Update

May 11, 2023 | msn.com

Recap: Fennec Pharmaceuticals Q1 Earnings

May 11, 2023 | finance.yahoo.com

Fennec Pharmaceuticals Announces First Quarter 2023 Financial Results and Provides Business Update

May 10, 2023 | investing.com

Fennec Pharma (FRX) Earnings Dates & Reports

May 10, 2023 | msn.com

Earnings Outlook For Fennec Pharmaceuticals

May 2, 2023 | americanbankingnews.com

Cantor Fitzgerald Brokers Boost Earnings Estimates for Fennec Pharmaceuticals Inc (NASDAQ:FENC)

April 27, 2023 | theglobeandmail.com

Closing Bell: Fennec Pharmaceuticals Inc flat on Wednesday (FRX)

April 26, 2023 | theglobeandmail.com

Closing Bell: Fennec Pharmaceuticals Inc flat on Tuesday (FRX)

April 13, 2023 | bizjournals.com

Cipla seeks to dismiss RTP drugmaker's patent lawsuit

April 9, 2023 | americanbankingnews.com

Cantor Fitzgerald Boosts Fennec Pharmaceuticals (NASDAQ:FENC) Price Target to $16.00

April 8, 2023 | americanbankingnews.com

Q1 2023 EPS Estimates for Fennec Pharmaceuticals Inc Lowered by HC Wainwright (NASDAQ:FENC)

April 7, 2023 | msn.com

Cantor Fitzgerald Maintains Fennec Pharmaceuticals (FENC) Overweight Recommendation

April 6, 2023 | markets.businessinsider.com

Analyst Ratings for Fennec Pharmaceuticals

April 5, 2023 | americanbankingnews.com

FY2024 EPS Estimates for Fennec Pharmaceuticals Inc (NASDAQ:FENC) Cut by Analyst

April 5, 2023 | americanbankingnews.com

Research Analysts Issue Forecasts for Fennec Pharmaceuticals Inc's Q1 2024 Earnings (NASDAQ:FENC)

April 5, 2023 | msn.com

HC Wainwright & Co. Reiterates Fennec Pharmaceuticals (FENC) Buy Recommendation

April 4, 2023 | americanbankingnews.com

FY2026 EPS Estimates for Fennec Pharmaceuticals Inc (NASDAQ:FENC) Reduced by Analyst

See More Headlines

FENC Price History

30 days | 90 days | 365 days | Advanced Chart

FENC Company Calendar

Last Earnings: 5/11/2023
Today: 6/09/2023
Next Earnings (Estimated): 8/11/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Biological products, except diagnostic
Sub-Industry: N/A
Sector: Medical
Current Symbol: NASDAQ:FENC
CUSIP: N/A
CIK: 1211583
Web: www.fennecpharma.com
Phone: 919-636-4530
Fax: 919-890-0490
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $15.50
High Stock Price Forecast: $19.00
Low Stock Price Forecast: $11.00
Forecasted Upside/Downside: +79.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.99)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-23,710,000.00
Net Margins: N/A
Pretax Margin: -1,554.56%
Return on Equity: -7,266.90%
Return on Assets: -110.06%

Debt

Debt-to-Equity Ratio: 8.81
Current Ratio: 5.39
Quick Ratio: 5.16

Sales & Book Value

Annual Sales: $1.53 million
Price / Sales: 149.71
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($0.10) per share
Price / Book: -86.50

Miscellaneous

Outstanding Shares: 26,480,000
Free Float: 23,501,000
Market Cap: $229.05 million
Optionable: Optionable
Beta: 0.17

Key Executives

Mr. Rostislav Raykov (Age 42)
Pres, CEO & Director

Mr. Robert C. Andrade (Age 43)
Chief Financial Officer

Mr. Mark Gowland
Controller

Mr. Lei Fang
Pres of Pharstat Inc

Ms. Anne McKay (Age 64)
Regulatory Consultant

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FENC Stock - Frequently Asked Questions

Should I buy or sell Fennec Pharmaceuticals stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Fennec Pharmaceuticals in the last year. There are currently 5 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 forecast for 2023?: 5 Wall Street research analysts have issued 1 year price objectives for Fennec Pharmaceuticals' shares. Their FENC share price forecasts range from $11.00 to $19.00. On average, they anticipate the company's share price to reach $15.50 in the next year. This suggests a possible upside of 79.2% 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 2023?: Fennec Pharmaceuticals' stock was trading at $9.60 on January 1st, 2023. Since then, FENC shares have decreased by 9.9% and is now trading at $8.65.
View the best growth stocks for 2023 here.
When is Fennec Pharmaceuticals' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, August 11th 2023.
View our FENC earnings forecast.
How were Fennec Pharmaceuticals' earnings last quarter?: Fennec Pharmaceuticals Inc (NASDAQ:FENC) posted its quarterly earnings data on Thursday, May, 11th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.21) by $0.02. The company had revenue of $1.68 million for the quarter, compared to analysts' expectations of $1.88 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).

What is Fennec Pharmaceuticals' stock symbol?: Fennec Pharmaceuticals trades on the NASDAQ under the ticker symbol "FENC."
Who are Fennec Pharmaceuticals' major shareholders?: Fennec Pharmaceuticals' stock is owned by a number of retail and institutional investors. Top institutional investors include Solas Capital Management LLC (4.86%), DG Capital Management LLC (4.73%), Harbert Fund Advisors Inc. (1.77%), Gendell Jeffrey L (0.96%), AIGH Capital Management LLC (0.61%) and Tamarack Advisers LP (0.56%). Insiders that own company stock include Chris A Rallis, Robert Andrade and Rosty Raykov.
View institutional ownership trends.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Fennec Pharmaceuticals' stock price today?: One share of FENC stock can currently be purchased for approximately $8.65.
How much money does Fennec Pharmaceuticals make?: Fennec Pharmaceuticals (NASDAQ:FENC) has a market capitalization of $229.05 million and generates $1.53 million in revenue each year. The company earns $-23,710,000.00 in net income (profit) each year or ($0.99) on an earnings per share basis.
How can I contact Fennec Pharmaceuticals?: Fennec Pharmaceuticals' mailing address is PO BOX 13628 68 TW ALEXANDER DRIVE, DURHAM NC, 27709. The official website for the company is www.fennecpharma.com. The company can be reached via phone at 919-636-4530 or via fax at 919-890-0490.

This page (NASDAQ:FENC) was last updated on 6/9/2023 by MarketBeat.com Staff

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