Fennec Pharmaceuticals Inc (FENC) Earnings
Should You Buy FENC Before Earnings?
Based on the last three years of earnings reports, buying FENC stock within four weeks before its earnings date yielded an average return of 0.24%.
The best time to buy before earnings was 14 days before, which yielded an average return of 1.14% by the earnings date. The worst time was 7 days before, which yielded an average return of -0.38%.
Report dates analyzed: Mar 28 2022 - Nov 4 2024*Disclaimer: Past performances is not a guarantee of future results.
Should You Buy FENC After Earnings?
Based on the last three years of earnings reports, on average, FENC has gone down -1.31% shortly after its earnings date. The stock bottoms around 14 days after earnings, where it is on average -2.99% lower than its closing price on the day of earnings.
Since FENC has typically gone down after earnings, it might be a good time to buy the dip if you believe in the stock long-term.
Report dates analyzed: Nov 15 2021 - Aug 1 2024*Disclaimer: Past performances is not a guarantee of future results.
Average Gains
The average return if you bought Fennec Pharmaceuticals before its earnings report and sold at close on its earnings day.
Period | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of |
---|---|---|---|---|---|---|
Past 4 Earnings | 2.96% | 3.08% | 2.96% | 2.84% | 0.43% | 1.95% |
Past 8 Earnings | 0.54% | 0.51% | 1.10% | 1.40% | 0.73% | 1.04% |
Past 12 Earnings | 0.86% | 1.46% | 1.28% | -0.08% | -0.17% | -0.31% |
FENC Earnings History
Report Date | 28 Day Before | 21 Days Before | 14 Days Before | 7 Days Before | 1 Day Before | Day Of | 1 Day After | 7 Days After | 14 Days After | 21 Days After | 28 Days After |
---|---|---|---|---|---|---|---|---|---|---|---|
2024-11-04 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-08-01 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-05-09 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2024-03-28 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
2023-11-09 | 6.93 11.83% | 6.90 12.32% | 6.93 11.83% | 6.96 11.35% | 7.62 1.71% | 7.75 7.79% | 7.58 -2.19% | 8.08 4.26% | 8.83 13.94% | 8.60 10.97% | 9.31 20.13% |
2023-08-10 | 8.85 -5.42% | 8.51 -1.65% | 8.05 3.98% | 8.01 4.49% | 8.20 2.07% | 8.37 1.21% | 8.49 1.43% | 7.90 -5.62% | 8.10 -3.23% | 8.16 -2.51% | 7.97 -4.78% |
2023-05-10 | 8.60 -8.14% | 8.07 -2.11% | 8.16 -3.19% | 8.25 -4.18% | 7.82 1.02% | 7.90 0.00% | 7.87 -0.38% | 7.54 -4.56% | 7.67 -2.91% | 7.58 -4.05% | 8.60 8.86% |
2023-02-27 | 9.42 -4.67% | 9.71 -7.52% | 9.68 -7.23% | 9.02 -0.44% | 8.97 0.11% | 8.98 -0.77% | 9.00 0.22% | 9.16 2.00% | 8.26 -8.02% | 8.08 -10.02% | 8.21 -8.58% |
2022-11-08 | 7.72 10.75% | 8.30 3.01% | 8.27 3.39% | 8.55 0.00% | 8.47 0.95% | 8.55 0.12% | 8.28 -3.16% | 8.03 -6.08% | 9.53 11.46% | 9.75 14.04% | 9.54 11.58% |
2022-08-08 | 6.37 8.79% | 6.60 5.00% | 6.96 -0.43% | 6.84 1.32% | 7.00 -0.93% | 6.93 -1.00% | 6.69 -3.46% | 6.79 -2.02% | 6.41 -7.50% | 6.98 0.72% | 7.39 6.64% |
2022-05-11 | 6.30 -17.94% | 6.08 -14.97% | 5.68 -8.98% | 6.20 -16.61% | 5.55 -6.85% | 5.17 -8.01% | 5.30 2.52% | 5.89 13.93% | 5.61 8.51% | 5.69 10.06% | 5.58 7.93% |
Methodology
We analyzed the past three years of FENC's earnings reports to calculate the average change in price of the stock before and after earnings.
Before Earnings
For calculating the average gains if you bought prior to earnings, we looked at the closing price of 5 different dates and compared them to the closing price of FENC on the day of the earnings report to calculate the return. The dates analyzed are:
- 28 days prior (4 weeks)
- 21 days prior (3 weeks)
- 14 days prior (2 weeks)
- 7 days prior (1 week)
- 1 day prior
This simulates an individual purchasing FENC stock on one of those days and selling on the day of the earnings report.
After Earnings
For calculating the average gains if you bought FENC stock on the day of earnings, we looked at the closing price of FENC on the day of the earnings and then compared it to 5 dates after. The dates analyzed are:
- 1 day after
- 7 days after (1 week)
- 14 days after (2 weeks)
- 21 days after (3 weeks)
- 28 day after (4 weeks)
This simulates an individual purchasing FENC stock on the day of the earnings report and then selling on one of the dates following.
Day of
To calculate the gains on the day of earnings, we compared the opening price of FENC to the closing price on the day of earnings - regardless if the earnings call was pre- or post-market.
$FENC this sell-off is meh.
$FENC when is earnings
$FENC Don't hold!!! Buy it
$FENC I like the stock!
$FENC this market love evrry dips let’s see
$FENC has just been halted from trading due to volatility.
$FENC recovery hasn’t even started yet.. imo
$FENC we always finish green after a red week. Less go!
$FENC holding and buying these dips is so easy.
$FENC I warned you all fairly you morons.