Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Fennec Pharmaceuticals Inc shares valued at $67,900 were sold by Raykov Rosty on Mar 05 ’25. At $6.79 per share, Raykov Rosty sold 10,000 shares. The insider’s holdings dropped to 68,725 shares worth approximately $0.42 million following the completion of this transaction.
Also, ROSTISLAV RAYKOV purchased 10,000 shares, netting a total of over 67,930 in proceeds.
Before that, RALLIS CHRIS A had sold 1,186 shares from its account. In a trade valued at $8,089, the Director traded Fennec Pharmaceuticals Inc shares for $6.82 each. Upon closing the transaction, the insider’s holdings decreased to 1,186 shares, worth approximately $0.33 million.
As published in a research note from Cantor Fitzgerald on November 22, 2022, Fennec Pharmaceuticals Inc [FENC] has been rated up from a Neutral to an Overweight and the price target has been revised to $12 from $9. Analysts at CapitalOne started covering the stock with ‘”an Overweight”‘ outlook in a report released in early September. Earlier on June 05, 2020, Cantor Fitzgerald initiated its rating. Their recommendation was “an Overweight” for FENC stock.
Analyzing FENC Stock Performance
During the last five days, there has been a drop of approximately -9.99%. Over the course of the year, Fennec Pharmaceuticals Inc shares have dropped approximately -3.01%. Shares of the company reached a 52-week high of $7.06 on 03/03/25 and a 52-week low of $5.45 on 01/23/25. A 50-day SMA is recorded $6.40, while a 200-day SMA reached $5.83.
Support And Resistance Levels for Fennec Pharmaceuticals Inc (FENC)
According to the 24-hour chart, there is a support level at 5.97, which, if violated, would cause prices to drop to 5.81. In the upper region, resistance lies at 6.42. The next price resistance is at 6.70. RSI (Relative Strength Index) is 40.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.31, which suggests the price will decrease in the coming days. Percent R is at 70.99%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
