Shares of Knight Therapeutics Inc (TSE:GUD) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$7.35 and last traded at C$7.40, with a volume of 145819 shares trading hands. The stock had previously closed at C$7.55.
Separately, Raymond James set a C$10.25 price target on shares of Knight Therapeutics and gave the company an “outperform” rating in a research report on Friday. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of C$10.06.
The firm has a market capitalization of $1.08 billion and a PE ratio of 34.01.
Knight Therapeutics (TSE:GUD) last posted its quarterly earnings data on Thursday, March 14th. The company reported C$0.04 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.03 by C$0.01. The firm had revenue of C$3.89 million for the quarter, compared to analysts’ expectations of C$2.55 million. As a group, equities research analysts expect that Knight Therapeutics Inc will post 0.130000001935047 EPS for the current fiscal year.
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About Knight Therapeutics (TSE:GUD)
Knight Therapeutics Inc operates as a specialty pharmaceutical company in Canada and internationally. The company is involved in developing, acquiring, in-licensing, out-licensing, marketing, and distributing pharmaceutical products, consumer health products, and medical devices. Its commercialized products include Movantik to treat opioid induced constipation; Impavido, an alkyllysophospholipid analogue drug for visceral and cutaneous Leishmaniasis; Neuragen to treat pain associated with diabetic and peripheral neuropathy; Synergy family consumer health products; and Flat Tummy Tea, a herbal detox tea.
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