<div id="readability-page-1"><div>                     <div><h2>Key Points</h2><ul>     <li><strong>Southpoint Capital Advisors Lp</strong> sold 19,605 shares of Fennec Pharmaceuticals, amounting to a total of C$256,237.35 at an average price of C$13.07 per share.</li>     <li>The stock price of <strong>Fennec Pharmaceuticals</strong> has declined by 7.4%, with a current trading price of C$12.30.</li>     <li>Fennec Pharmaceuticals is a clinical-stage biotechnology company focused on developing treatments such as <strong>Sodium Thiosulfate</strong> to prevent hearing loss in children undergoing chemotherapy.</li> </ul></div><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/fennec-pharmaceuticals-inc-logo-1200x675.png/query-dj0yMDIxMTIwNjExMzA1OA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="1200" height="675" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/logos/fennec-pharmaceuticals-inc-logo-1200x675.png/query-dj0yMDIxMTIwNjExMzA1OA"/>Fennec Pharmaceuticals Inc. (TSE:FRX - Get Free Report) Director Rostislav Christov Raykov purchased 4,609 shares of the business's stock in a transaction that occurred on Wednesday, October 8th. The stock was acquired at an average price of C$3.38 per share, for a total transaction of C$15,578.42. Following the acquisition, the director owned 2,697,927 shares in the company, valued at C$9,118,993.26. This trade represents a 0.17% increase in their position.</p><h2>Fennec Pharmaceuticals Price Performance</h2><p>Shares of TSE:FRX opened at C$12.30 on Friday. Fennec Pharmaceuticals Inc. has a twelve month low of C$5.65 and a twelve month high of C$13.83. The company's 50 day moving average is C$12.20 and its 200 day moving average is C$10.73. The company has a current ratio of 7.80, a quick ratio of 10.17 and a debt-to-equity ratio of -620.83. The company has a market cap of C$342.33 million, a PE ratio of -27.33 and a beta of 2.48. </p><h2>Fennec Pharmaceuticals Company Profile</h2><p> (Get Free Report)</p><p>Fennec Pharmaceuticals Inc is a clinical-stage biotechnology company. It is primarily engaged in research and development activities. The company is developing Sodium Thiosulfate (STS), a chemo-protectant against hearing loss associated with platinum-based chemotherapy. 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FENC

<p>Fennec Pharmaceuticals (TSE:FRX) Director Rostislav Christov Raykov purchased 4,609 shares at C$3.38 each, totaling C$15,578.42, increasing his ownership by 0.17%. Following this, he holds 2,697,927 shares valued at approximately C$9.12 million. Meanwhile, Southpoint Capital Advisors sold 19,605 shares for C$256,237.35. The stock has declined by 7.4%, currently trading at C$12.30, with a 12-month range of C$5.65 to C$13.83. Fennec focuses on developing Sodium Thiosulfate to prevent chemotherapy-induced hearing loss in children.</p>

Fennec Pharmaceuticals (TSE:FRX) Director Purchases C$15,578.42 in Stock