Fennec Pharmaceuticals Inc. (TSE:FRX) Senior Officer Adrian J. Haigh Sells 22,223 Shares of Stock

Fennec Pharmaceuticals Inc. (TSE:FRX) Senior Officer Adrian J. Haigh sold 22,223 shares of the stock in a transaction on Tuesday, April 23rd. The shares were sold at an average price of C$9.32, for a total value of C$207,029.47.

Adrian J. Haigh also recently made the following trade(s):

• On Monday, April 15th, Adrian J. Haigh acquired 22,222 shares of Fennec Pharmaceuticals stock. The stock was bought at an average price of C$2.31 per share, with a total value of C$51,332.82.

Fennec Pharmaceuticals Stock Performance

TSE FRX opened at C$12.80 on Wednesday. The company has a market capitalization of C$346.11 million, a price-to-earnings ratio of -12.55 and a beta of 0.35. Fennec Pharmaceuticals Inc. has a twelve month low of C$9.27 and a twelve month high of C$15.43. The stock has a fifty day simple moving average of C$13.50 and a 200 day simple moving average of C$12.74. The company has a quick ratio of 10.17, a current ratio of 3.29 and a debt-to-equity ratio of 881.09.

Fennec Pharmaceuticals (TSE:FRX) last posted its quarterly earnings data on Thursday, March 21st. The biopharmaceutical company reported C($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.02 by C($0.16). Fennec Pharmaceuticals had a negative net margin of 75.50% and a negative return on equity of 1,005.59%. The company had revenue of C$13.25 million during the quarter, compared to analyst estimates of C$12.88 million. Sell-side analysts expect that Fennec Pharmaceuticals Inc. will post 0.4202312 EPS for the current year.

Fennec Pharmaceuticals Company Profile

Fennec Pharmaceuticals Inc operates as a biopharmaceutical company in the United States. The company's product candidate includes PEDMARK, a formulation of sodium thiosulfate for the prevention of platinum-induced ototoxicity in pediatric cancer patients. It sells its products through regional pediatric oncology specialists and medical science liaisons.