Knight Therapeutics Inc. (TSE:GUD) Insider Sime Armoyan Sells 300,000 Shares

Knight Therapeutics Inc. (TSE:GUD - Get Free Report) insider Sime Armoyan sold 300,000 shares of the stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of C$6.13, for a total transaction of C$1,839,000.00.

Knight Therapeutics Stock Performance

Shares of Knight Therapeutics stock opened at C$6.02 on Friday. The stock's fifty day simple moving average is C$5.72 and its 200 day simple moving average is C$5.69. The company has a current ratio of 3.41, a quick ratio of 1.79 and a debt-to-equity ratio of 7.62. The company has a market capitalization of C$609.28 million, a PE ratio of -30.10, a PEG ratio of -1,013.50 and a beta of 0.48. Knight Therapeutics Inc. has a 12 month low of C$4.35 and a 12 month high of C$6.23.

Knight Therapeutics (TSE:GUD - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported C($0.02) EPS for the quarter, missing analysts' consensus estimates of C$0.03 by C($0.05). Knight Therapeutics had a negative return on equity of 2.70% and a negative net margin of 6.28%. The business had revenue of C$95.57 million for the quarter, compared to analyst estimates of C$89.83 million. On average, research analysts predict that Knight Therapeutics Inc. will post 0.1077501 EPS for the current year.

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Several brokerages have commented on GUD. Stifel Nicolaus upgraded shares of Knight Therapeutics from a "hold" rating to a "buy" rating and upped their target price for the company from C$5.75 to C$6.75 in a research report on Tuesday, August 13th. Stifel Canada upgraded Knight Therapeutics from a "hold" rating to a "strong-buy" rating in a report on Monday, August 12th.

Read Our Latest Stock Analysis on Knight Therapeutics

Knight Therapeutics Company Profile

(Get Free Report)

Knight Therapeutics Inc develops, manufactures, acquires, in-licenses, out-licenses, markets, and distributes pharmaceutical and consumer health products, and medical devices worldwide. It offers Tafasitamab for relapsed or refractory diffuse large B-cell lymphoma; Pemigatinib for metastatic cholangiocarcinoma; Akynzeo for prevention of chemotherapy-induced acute and delayed nausea and vomiting; Aloxi for prevention of acute nausea and vomiting associated with emetogenic cancer chemotherapy; Fostamatinib for chronic immune thrombocytopenia; Nerlynx for extended adjuvant breast cancer and metastatic breast cancer; Trelstar for advanced prostate cancer; Vidaza for myelodysplastic syndrome; Abraxane for metastatic pancreatic cancer; Halaven for metastatic breast cancer and soft tissue sarcoma; and Lenvima for advanced renal cell cancer and for differentiated thyroid cancer and unresectable hepatocellular carcinoma.

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Insider Buying and Selling by Quarter for Knight Therapeutics (TSE:GUD)

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