Review of Knight Therapeutics
SEP 21, 2023 - The share price of GUD has declined over the years, while its fundamentals have been mixed. The company maintains a very strong balance sheet and has grown its top line nicely, but its profits have declined over the years leading to a questionable outlook. GUD has been a disappointment for many, us included. Due to some of its fundamentals maintaining their strength (balance sheet, revenue growth), we have kept it in our coverage list, however, we feel it has been held long enough and with declining margins, we are dropping coverage on Knight Therapeutics (GUD).
Download ReportQ: Have a loss of 50% on GUD in a TFSA. Any hope here? Or what woud you pick as a replacement? Any sector.
Read Answer Asked by Carlos on August 21, 2023
Q: Hi
What is your opinion of Knight’s latest quarterly results. Thanks
Kenn
Q: Hi,
Can you comment on the share buy back? Generally, what is the reasoning for buying back and canceling shares?
Thanks
Paul