Knight Therapeutics (TSE:GUD) Shares Down 2% – Here’s Why

Knight Therapeutics Inc. (TSE:GUDGet Free Report) traded down 2% during mid-day trading on Monday . The stock traded as low as C$5.75 and last traded at C$5.77. 38,920 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 63,437 shares. The stock had previously closed at C$5.89.

Knight Therapeutics Trading Down 2.0%

The firm’s 50-day moving average price is C$6.24 and its 200-day moving average price is C$6.03. The company has a quick ratio of 1.79, a current ratio of 3.36 and a debt-to-equity ratio of 7.52. The company has a market cap of C$575.00 million, a P/E ratio of -21.70, a price-to-earnings-growth ratio of -1,013.50 and a beta of 0.05.

Knight Therapeutics Company Profile

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Knight Therapeutics Inc is a specialty and generic drug manufacturing company. The company’s principal business activity is focused on developing, acquiring, in-licensing, out-licensing, marketing, and distributing innovative pharmaceutical products, consumer health products, and medical devices in Canada and select international markets.

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