Alert: Positive Investment/Fundamental Signals (11/16/23)-Fennec Pharmaceuticals Inc (NASDAQ: FENC)


Extremely important positive changes in investment behavior have recently occurred for Fennec Pharmaceuticals Inc (NASDAQ: FENC): positive upside/downside volume developed, its shorter term price trend turned up, and the stock rose on very heavy volume.

Fennec Pharmaceuticals Inc (NASDAQ: FENC). Small positive changes in fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly.

The stock is currently unrated.


Current PriceTarget Research Rating

FENC is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

Fennec Pharmaceuticals is currently unrated.

Recent Price Action

Fennec Pharmaceuticals Inc (NASDAQ: FENC) stock rose modestly by 0.9% on 11/16/23. The stock closed at $8.08. The stock has risen 6.0% during the last week and has performed in line with the market over the last nine months.

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