After Today’s Huge Decline, Is Knight Therapeutics Inc’s Near-Term Analysis Negative?

 After Today's Huge Decline, Is Knight Therapeutics Inc's Near Term Analysis Negative?

The stock of Knight Therapeutics Inc (TSE:GUD) is a huge mover today! About 107,475 shares traded hands. Knight Therapeutics Inc (TSE:GUD) has risen 24.34% since April 22, 2016 and is uptrending. It has outperformed by 18.33% the S&P500.
The move comes after 5 months negative chart setup for the $1.38 billion company. It was reported on Nov, 28 by We have $9.39 PT which if reached, will make TSE:GUD worth $124.20M less.

Knight Therapeutics Inc (TSE:GUD) Ratings Coverage

Out of 2 analysts covering Knight Therapeutics (TSE:GUD), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $11 is the highest target while $9.50 is the lowest. The $10.27 average target is -0.48% below today’s ($10.32) stock price. Knight Therapeutics has been the topic of 5 analyst reports since May 12, 2016 according to StockzIntelligence Inc.

More recent Knight Therapeutics Inc (TSE:GUD) news were published by: which released: “Exclusive: Endo considers sale of Paladin Labs to Knight Therapeutics – so…” on November 04, 2016. Also published the news titled: “How Many Times Can Knight Therapeutics Issue Equity?” on September 22, 2016.‘s news article titled: “Put Knight Therapeutics On Your Watchlist” with publication date: April 01, 2016 was also an interesting one.

Knight Therapeutics Inc is a Canada pharmaceutical company. The company has a market cap of $1.38 billion. The Firm is engaged in developing, acquiring, in-licensing, out-licensing, marketing and distributing pharmaceutical products, consumer health products and medical devices in Canada and select international markets. It has a 73.73 P/E ratio. It finances other life sciences companies in Canada and internationally.

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