Knight Therapeutics (OTCMKTS:KHTRF) Shares Up 0.6% – Here’s What Happened

Shares of Knight Therapeutics Inc. (OTCMKTS:KHTRF – Get Free Report) shot up 0.6% on Monday. The stock traded as high as $7.22 and last traded at $7.22. 1,700 shares changed hands during trading, a decline of 78% from the average daily volume of 7,792 shares. The stock had previously closed at $7.18.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada reissued an “outperform” rating on shares of Knight Therapeutics in a research note on Friday, August 7th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy”.

Check Out Our Latest Research Report on KHTRF

Knight Therapeutics Stock Performance

The firm’s 50 day moving average price is $7.00 and its 200 day moving average price is $6.33.

About Knight Therapeutics

(Get Free Report)

Knight Therapeutics Inc is a Canadian specialty pharmaceutical company focused on acquiring, licensing, commercializing and, in some cases, developing innovative medicines. The company concentrates on therapies that address unmet medical needs, including specialty, orphan and hospital-based treatments.

Through licensing and commercialization agreements, Knight offers a portfolio of prescription products across therapeutic areas such as oncology, rare diseases, infectious diseases and neurology.

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