Knight Therapeutics Inc. (TSE:GUD) Insider Sime Armoyan Sells 10,900 Shares

Knight Therapeutics Inc. (TSE:GUD) insider Sime Armoyan sold 10,900 shares of the business’s stock in a transaction that occurred on Thursday, April 11th. The shares were sold at an average price of C$5.95, for a total value of C$64,855.00.

Sime Armoyan also recently made the following trade(s):

• On Monday, April 1st, Sime Armoyan purchased 6,200 shares of Knight Therapeutics stock. The stock was purchased at an average price of C$5.25 per share, with a total value of C$32,550.00.
• On Monday, March 25th, Sime Armoyan purchased 351,000 shares of Knight Therapeutics stock. The stock was purchased at an average price of C$5.25 per share, with a total value of C$1,842,750.00.
• On Monday, January 22nd, Sime Armoyan sold 28,200 shares of Knight Therapeutics stock. The stock was sold at an average price of C$5.75, for a total value of C$162,150.00.
• On Friday, January 19th, Sime Armoyan sold 91,000 shares of Knight Therapeutics stock. The stock was sold at an average price of C$5.75, for a total value of C$523,250.00.

Knight Therapeutics Price Performance

TSE GUD opened at C$5.76 on Tuesday. The company has a debt-to-equity ratio of 9.25, a current ratio of 3.20 and a quick ratio of 1.79. The stock’s fifty day moving average price is C$5.47 and its 200 day moving average price is C$5.23. Knight Therapeutics Inc. has a 1 year low of C$4.35 and a 1 year high of C$5.95. The company has a market cap of C$582.74 million, a price-to-earnings ratio of -36.00, a PEG ratio of -1,013.50 and a beta of 0.49.

Knight Therapeutics (TSE:GUD) last posted its quarterly earnings results on Thursday, March 21st. The company reported C($0.03) EPS for the quarter, missing the consensus estimate of C$0.02 by C($0.05). Knight Therapeutics had a negative net margin of 5.13% and a negative return on equity of 2.14%. The business had revenue of C$74.20 million during the quarter, compared to analysts’ expectations of C$78.37 million. As a group, equities research analysts forecast that Knight Therapeutics Inc. will post 0.0202158 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Royal Bank of Canada upped their price target on Knight Therapeutics from C$6.50 to C$7.00 and gave the stock an “outperform” rating in a research report on Friday, March 22nd. Raymond James upped their price target on Knight Therapeutics from C$7.00 to C$7.50 and gave the stock an “outperform” rating in a research report on Wednesday, March 6th.

Knight Therapeutics Company Profile

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.