NASDAQ:FENCFennec Pharmaceuticals Stock Price, Forecast & News

$8.33

+0.78 (+10.33 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$7.78

Now: $8.33▼

$8.85

50-Day Range

$6.32

MA: $7.14▼

$7.58

52-Week Range

$3.26

Now: $8.33▼

$8.85

Volume541,492 shs

Average Volume92,998 shs

Market Capitalization$211.25 million

P/E RatioN/A

Dividend YieldN/A

Beta0.23

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.

Beat the Market (BTM) Rank^™

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 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.50, Fennec Pharmaceuticals has a potential upside of 98.1% from its current price of $8.33.
Amount of Analyst Coverage
Fennec Pharmaceuticals has only been the subject of 2 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Fennec Pharmaceuticals has received 159 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Fennec Pharmaceuticals has received 162 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Fennec Pharmaceuticals has received 50.47% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Fennec Pharmaceuticals and other stocks. Vote “Outperform” if you believe FENC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FENC will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Fennec Pharmaceuticals insiders have bought more of their company's stock than they have sold. Specifically, they have bought $4,800,000.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 9.08% of the stock of Fennec Pharmaceuticals is held by insiders.
Percentage Held by Institutions
40.62% of the stock of Fennec Pharmaceuticals is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0 Earnings and Valuation

Earnings Growth
Earnings for Fennec Pharmaceuticals are expected to decrease by -83.64% in the coming year, from $3.24 to $0.53 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Fennec Pharmaceuticals is -11.90, 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 -11.90, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Fennec Pharmaceuticals has a P/B Ratio of 13.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.00 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Biological products, except diagnostic

Sub-IndustryN/A

SectorMedical

Current SymbolNASDAQ:FENC

Previous Symbol

CUSIPN/A

CIK1211583

Webwww.fennecpharma.com

Phone919-636-4530

Debt

Debt-to-Equity RatioN/A

Current Ratio5.31

Quick Ratio5.31

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio2.57

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book Value$0.60 per share

Price / Book13.88

Profitability

EPS (Most Recent Fiscal Year)($0.64)

Net Income$-12,770,000.00

Net MarginsN/A

Return on Equity-107.89%

Return on Assets-95.97%

Miscellaneous

EmployeesN/A

Outstanding Shares25,360,000

Market Cap$211.25 million

Next Earnings Date8/14/2020 (Estimated)

OptionableOptionable

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Fennec Pharmaceuticals (NASDAQ:FENC) Frequently Asked Questions

How has Fennec Pharmaceuticals' stock been impacted by COVID-19 (Coronavirus)?

Fennec Pharmaceuticals' stock was trading at $6.63 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, FENC stock has increased by 25.6% and is now trading at $8.33. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Fennec Pharmaceuticals?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fennec Pharmaceuticals in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Fennec Pharmaceuticals.

When is Fennec Pharmaceuticals' next earnings date?

Fennec Pharmaceuticals is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for Fennec Pharmaceuticals.

How were Fennec Pharmaceuticals' earnings last quarter?

Fennec Pharmaceuticals Inc (NASDAQ:FENC) issued its earnings results on Thursday, May, 14th. The company reported ($0.19) EPS for the quarter, hitting analysts' consensus estimates of ($0.19). View Fennec Pharmaceuticals' earnings history.

What price target have analysts set for FENC?

2 equities research analysts have issued 1-year price targets for Fennec Pharmaceuticals' shares. Their forecasts range from $15.00 to $18.00. On average, they anticipate Fennec Pharmaceuticals' stock price to reach $16.50 in the next year. This suggests a possible upside of 98.1% from the stock's current price. View analysts' price targets for Fennec Pharmaceuticals.

Has Fennec Pharmaceuticals been receiving favorable news coverage?

News headlines about FENC stock have been trending positive on Saturday, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Fennec Pharmaceuticals earned a news sentiment score of 3.0 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term. View the latest news aboutFennec Pharmaceuticals.

Are investors shorting Fennec Pharmaceuticals?

Fennec Pharmaceuticals saw a decline in short interest in the month of April. As of April 30th, there was short interest totaling 691,100 shares, a decline of 19.0% from the April 15th total of 852,900 shares. Based on an average trading volume of 68,200 shares, the days-to-cover ratio is currently 10.1 days. Approximately 4.2% of the company's stock are sold short. View Fennec Pharmaceuticals' Current Options Chain.

Who are some of Fennec Pharmaceuticals' key competitors?

Some companies that are related to Fennec Pharmaceuticals include AVITA MED LTD/S (RCEL), Cellectis (CLLS), Aerie Pharmaceuticals (AERI), Vericel (VCEL), Osiris Therapeutics (OSIR), Oyster Point Pharma (OYST), AVITA MED LTD/S (AVMXY), Agenus (AGEN), Aptose Biosciences (APTO), Nantkwest (NK), Atara Biotherapeutics (ATRA), Prevail Therapeutics (PRVL), DBV TECHNOLOGIE/S (DBVT), MeiraGTx (MGTX) and Autolus Therapeutics (AUTL). View all competitors.

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 Iovance Biotherapeutics (IOVA), Amarin (AMRN), Coherus Biosciences (CHRS), Fate Therapeutics (FATE), Aimmune Therapeutics (AIMT), Denali Therapeutics (DNLI), Karyopharm Therapeutics (KPTI), Obseva (OBSV), Allena Pharmaceuticals (ALNA) and Gilead Sciences (GILD).

Who are Fennec Pharmaceuticals' key executives?

Fennec Pharmaceuticals' management team includes the following people:

Mr. Rostislav Raykov, Pres, CEO & Director (Age 42)
Mr. Robert C. Andrade, Chief Financial Officer (Age 43)
Mr. Mark Gowland, Controller
Mr. Lei Fang, Pres of Pharstat Inc
Ms. Anne McKay, Regulatory Consultant (Age 64)

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 many different retail and institutional investors. Top institutional investors include Granahan Investment Management Inc. MA (1.09%), Cadence Capital Management LLC (0.74%), Hartford Financial Management Inc. (0.21%), Victory Capital Management Inc. (0.04%) and Victory Capital Management Inc. (0.05%). View institutional ownership trends for Fennec Pharmaceuticals.

Which major investors are selling Fennec Pharmaceuticals stock?

FENC stock was sold by a variety of institutional investors in the last quarter, including Granahan Investment Management Inc. MA. View insider buying and selling activity for Fennec Pharmaceuticals.

Which major investors are buying Fennec Pharmaceuticals stock?

FENC stock was purchased by a variety of institutional investors in the last quarter, including Cadence Capital Management LLC, Hartford Financial Management Inc., Victory Capital Management Inc., and Victory Capital Management Inc.. View insider buying and selling activity for Fennec Pharmaceuticals.

How do I buy shares of Fennec Pharmaceuticals?

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

What is Fennec Pharmaceuticals' stock price today?

One share of FENC stock can currently be purchased for approximately $8.33.

How big of a company is Fennec Pharmaceuticals?

Fennec Pharmaceuticals has a market capitalization of $211.25 million. The company earns $-12,770,000.00 in net income (profit) each year or ($0.64) on an earnings per share basis.

What is Fennec Pharmaceuticals' official website?

The official website for Fennec Pharmaceuticals is www.fennecpharma.com.

How can I contact Fennec Pharmaceuticals?

Fennec Pharmaceuticals' mailing address is PO BOX 13628 68 TW ALEXANDER DRIVE, DURHAM NC, 27709. The company can be reached via phone at 919-636-4530.

This page was last updated on 6/6/2020 by MarketBeat.com Staff