Fennec Pharmaceuticals Inc. (TSE:FRX) Director Rostislav Christov Raykov Purchases 25,000 Shares

Fennec Pharmaceuticals Inc. (TSE:FRX) Director Rostislav Christov Raykov purchased 25,000 shares of the business’s stock in a transaction dated Friday, December 20th. The stock was bought at an average cost of C$3.87 per share, with a total value of C$96,840.00.

Rostislav Christov Raykov also recently made the following trade(s):

• On Thursday, December 5th, Rostislav Christov Raykov acquired 796 shares of Fennec Pharmaceuticals stock. The shares were bought at an average cost of C$8.52 per share, for a total transaction of C$6,779.05.
• On Wednesday, October 2nd, Rostislav Christov Raykov sold 2,431 shares of Fennec Pharmaceuticals stock. The shares were sold at an average price of C$6.67, for a total transaction of C$16,212.34.

Fennec Pharmaceuticals Stock Up 0.2 %

FRX stock opened at C$8.93 on Thursday. The company has a 50 day moving average price of C$7.25 and a two-hundred day moving average price of C$7.67. The company has a debt-to-equity ratio of 1,040.68, a quick ratio of 10.17 and a current ratio of 8.02. The stock has a market capitalization of C$244.32 million, a P/E ratio of 89.30 and a beta of 0.25. Fennec Pharmaceuticals Inc. has a one year low of C$5.65 and a one year high of C$15.43.

Analysts Set New Price Targets

Separately, Stephens upgraded shares of Fennec Pharmaceuticals to a “strong-buy” rating in a report on Monday, November 18th.

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.