Aralez Pharmaceuticals Inc. (ARLZ) Director Purchases $73,500.00 in Stock
Aralez Pharmaceuticals Inc. (NASDAQ:ARLZ) Director Arthur S. Kirsch acquired 50,000 shares of the company’s stock in a transaction on Friday, December 8th. The shares were purchased at an average cost of $1.47 per share, with a total value of $73,500.00. Following the completion of the purchase, the director now directly owns 271,609 shares of the company’s stock, valued at $399,265.23. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Aralez Pharmaceuticals Inc. (NASDAQ ARLZ) opened at $1.43 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 1.00 and a debt-to-equity ratio of 4.64. Aralez Pharmaceuticals Inc. has a one year low of $0.95 and a one year high of $5.17.
Aralez Pharmaceuticals (NASDAQ:ARLZ) last posted its quarterly earnings data on Thursday, November 9th. The company reported ($0.37) EPS for the quarter, topping the consensus estimate of ($0.39) by $0.02. The company had revenue of $24.30 million during the quarter, compared to analyst estimates of $22.87 million. Aralez Pharmaceuticals had a negative net margin of 112.89% and a negative return on equity of 118.13%. Aralez Pharmaceuticals’s quarterly revenue was up 78.7% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.32) earnings per share. equities research analysts expect that Aralez Pharmaceuticals Inc. will post -1.54 earnings per share for the current fiscal year.
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Aralez Pharmaceuticals Company Profile
Aralez Pharmaceuticals Inc is a Canada-based specialty pharmaceutical company. The Company focuses on acquiring, developing and commercializing products in cardiovascular, pain and other areas. The Company’s products include Fibricor, Cambia, Fiorinal, Fiorinal C, Soriatane, Bezalip SR, NeoVisc, Uracyst, Durela, Proferrin, Resultz and Collatamp G.
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