Retrophin Inc (RTRX) SVP Elizabeth E. Reed Sells 942 Shares
Retrophin Inc (NASDAQ:RTRX) SVP Elizabeth E. Reed sold 942 shares of the company’s stock in a transaction on Friday, January 5th. The shares were sold at an average price of $24.04, for a total value of $22,645.68. Following the completion of the transaction, the senior vice president now directly owns 9,058 shares in the company, valued at approximately $217,754.32. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Retrophin Inc (NASDAQ RTRX) opened at $23.18 on Thursday. Retrophin Inc has a 12 month low of $15.55 and a 12 month high of $26.44. The company has a current ratio of 3.88, a quick ratio of 3.83 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $894.00, a PE ratio of -17.56 and a beta of 1.45.
Retrophin (NASDAQ:RTRX) last posted its earnings results on Tuesday, November 7th. The biopharmaceutical company reported ($0.46) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.25) by ($0.21). Retrophin had a negative return on equity of 10.13% and a negative net margin of 33.79%. The firm had revenue of $40.34 million for the quarter, compared to analyst estimates of $40.51 million. During the same period in the previous year, the company posted ($0.09) EPS. Retrophin’s revenue was up 18.8% on a year-over-year basis. analysts forecast that Retrophin Inc will post -1.25 earnings per share for the current year.
Several equities analysts have recently commented on the company. BidaskClub raised Retrophin from a “hold” rating to a “buy” rating in a research note on Wednesday. Zacks Investment Research lowered Retrophin from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 14th. BMO Capital Markets reaffirmed a “buy” rating and issued a $44.00 price target on shares of Retrophin in a research note on Friday, October 6th. Finally, ValuEngine lowered Retrophin from a “hold” rating to a “sell” rating in a research note on Monday, November 20th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $44.00.
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Retrophin Company Profile
Retrophin, Inc is a biopharmaceutical company. The Company is focused on the development, acquisition and commercialization of therapies for the treatment of serious, catastrophic or rare diseases. The Company sells three products, including Chenodal (chenodeoxycholic acid), Cholbam (cholic acid) and Thiola (tiopronin).
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