Positive context积极背景
Stocks股票 / Health Care / FENC
Fennec Pharmaceuticals Inc · Health Care
FENC US listed · USD美股 · 美元
Health Care
Russell 2000罗素2000
Speculative / unprofitable投机／未盈利
$9.39
Regular quote常规时段报价
-$0.96 · -9.28%
Extended quote unavailable. Showing the regular quote.盘前盘后报价暂不可用，现显示常规时段报价。
Pre-market盘前
·
52w low52周低 $5.48high高 $13.22
Avoid — downtrend回避 — 下行趋势
Downtrend — stand aside until a new cycle low forms and confirms.下跌趋势——观望，直至新的周期低点形成并确认。
As of 2026-11-05截至 2026-11-05
Company news公司新闻
The latest reporting最新报道
One story, with the reporting behind it.将同一事件汇总，保留各来源报道。
Company intelligence公司情报
The latest call, in context把最新财报放回历史脉络
A synthesized event record across management commentary and recorded metrics. Read as context; verify exact wording in the transcript before relying.综合管理层表述与记录指标形成事件档案。仅供参考；使用前请在电话会原文中核对准确措辞。
Live company record实时公司记录
JavaScript loads the source-bounded event record here. Open Terminal if the live module does not start.JavaScript 会在此加载受来源约束的事件记录。如实时模块未启动，请打开终端。
Continue with full transcript history继续查看完整电话会历史 ↗Pressure context压力背景
History mode历史模式
Context only仅供参考 · not a signal or recommendation不构成信号或建议
Narrative claims may await line-level citation; verify in the transcript.叙述性内容可能仍待逐行引用，请在电话会原文中核对。
Price chart价格图表
daily · interactive日线 · 可交互
Open in Terminal打开终端 ↗
Loading chart…图表加载中…
The interactive chart could not load here.互动图表暂时无法在此加载。
Open the live chart in Terminal在终端中打开实时图表 ↗
Candles, volume and moving averages — pan and zoom inside the chart.蜡烛图、成交量与均线 — 图内可缩放拖动。
MMastermind Terminal — live & interactiveMastermind 终端 — 实时互动 ↗
Technicals技术面
daily bars日线数据 · 2026-11-05
Momentum (RSI 14)动量（RSI 14）
37
Depressed偏低
vs 50-day average相对50日均线
-13.2% below下方
Below trend跌破趋势
vs 200-day average相对200日均线
+1.4% above上方
Long trend up长期向上
Volatility波动率
65th percentile第65百分位
These readings feed the stance at the top — one source per number, refreshed nightly.以上读数构成页首的引擎立场 — 每个数字只有一个来源，每晚更新。
Earnings财务业绩
Financials财务数据
fiscal years财年Revenue营业收入
$44.6M2025
20202025
Earnings per share每股收益
$-0.342025
20202025
Operating margin营业利润率
-14.1%
Net margin净利率
-21820.3%
FCF margin自由现金流利润率
-27.9%
Balance-sheet quality财务体质 0/7
Return on equity股本回报率 -27461%
Watch关注
Leverage杠杆
Current ratio流动比率6.37
Capital allocation资本配置
Stock-based comp股权薪酬$7.0M
Share count change (1y)股数变化（1年）+24.1%
Debt coming due到期债务
FY2024 10-KThe 12-month bucket following fiscal period end 2024-12-31 is not reported. The years below are what the filing did report.文件未披露财年期末 2024-12-31 之后12个月区间的到期金额；下方为其确实披露的年度。
All maturity buckets are measured from fiscal period end 2024-12-31, not from today.所有到期区间均从财年期末 2024-12-31 起算，而非从今天起算。
First 12 months after period end报告期末之后首12个月
not reported未披露
Year 2第2年
not reported未披露
Year 3第3年
$18.2M
Year 4第4年
not reported未披露
Year 5第5年
not reported未披露
After year 55年以后
not reported未披露
A cash-flow scenario is unavailable until the filing inputs are verified.报告数据核实前，现金流情景暂不可用。
Capital-need coverage is partial; incomplete or incompatible filing inputs are not combined.资本需求覆盖信息不完整；不会合并不完整或不兼容的报告数据。
Any available cash-flow scenario is context only. Missing or incompatible inputs are not replaced with zero or a financing forecast.可用现金流情景仅供参考；缺失或不兼容的输入不以零值或融资预测替代。
Sources and cash-flow calculation来源与现金流计算
Figures are XBRL facts from one filing — no two years are mixed. Filing数据取自同一份文件中的 XBRL 事实，不跨文件拼接。文件
0001558370-25-003710, period ending报告期截至 2024-12-31, unit单位 USD.
Cache acquired缓存获取时间: 2026-10-29T17:32:27.242863+00:00.
1/6 buckets reported.个区间有披露。
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths— absentLongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo— absentLongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour— period_mismatchLongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive— period_mismatchLongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive— absent
Research context only — reported figures from SEC filings, not a rating, a signal or investment advice.仅供研究参考 — 数据摘自 SEC 文件披露口径，不构成评级、信号或投资建议。
Why is it moving为何波动
6 checks · nightly六项检查 · 每晚
Positioning持仓
Insider cluster activity内部人集中交易
Technical技术面
FENC broke down vs the marketFENC 相对市场走弱
Ownership & smart money持仓与聪明钱
13FInsider activity:内部人动向： -$1.8M net (0 buyers, 5 sellers)-$1.8M 净值（0 买家，5 卖家）
Signal history信号历史
engine events引擎事件
UNCONFIRMED TURN → DOWNTREND未确认转向 → 下跌趋势
AVOID. Failed cycle — price broke below the low that started this cycle. How often the larger trend then rolls over has not been measured here. Last cycle was left-translated (topped early) — a bearish structural tell回避。失败周期——价格跌破了启动本周期的低点。此后更大趋势掉头向下的频率，本站尚未测算。 上一周期为左移结构（见顶偏早）——属于看空的结构性信号
Nov 5, 2026
FENC broke down vs the marketFENC 相对市场走弱
Relative strength vs SPY crossed below the 10th percentile of the last 90 days — weakness often leads price. $9.39.相对标普500的强弱下穿近90日的第10百分位 — 走弱常先于价格。$9.39。
Nov 5, 2026
FENC daily MACD crossed downFENC 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $9.39.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$9.39。
Nov 2, 2026
NEARING A LOW → UPTREND接近低点 → 上涨趋势
HOLD持有
Oct 20, 2026
FENC daily MACD crossed upFENC 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $10.46.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$10.46。
Oct 15, 2026
NEARING A LOW → UNCONFIRMED TURN接近低点 → 未确认转向
HIGH-RISK · NIMBLE ONLY高风险 · 仅限灵活操作
Oct 14, 2026
FENC printed a daily-cycle lowFENC 打出日线周期低点
A confirmed local low — in this cycle framework the highest-odds long-entry window. $9.98.一个已确认的局部低点 — 在本周期框架中做多胜率最高的入场窗口。$9.98。
Oct 14, 2026
FENC daily MACD crossed downFENC 日线MACD下穿
The daily MACD histogram turned negative — fast and noisy, context rather than a standalone trigger. $9.98.日线MACD柱状图转负 — 快速且嘈杂，仅作背景。$9.98。
Oct 13, 2026
UNCONFIRMED TURN → NEARING A LOW未确认转向 → 接近低点
GET READY准备
Oct 9, 2026
FENC daily MACD crossed upFENC 日线MACD上穿
The daily MACD histogram turned positive — fast and noisy, context rather than a standalone trigger. $10.71.日线MACD柱状图转正 — 快速且嘈杂，仅作背景。$10.71。
Showing the last 15 of显示最近15条，共 198 signals条信号
Company profile公司档案
Watch items — what could change the story关注项 — 可能改变故事的因素
- Margin compression despite revenue growth
The whole US universe — S&P 1500 and Russell 2000 — read nightly.覆盖标普1500与罗素2000全部成分股 — 每晚更新解读。
Signals, options positioning, smart-money moves and factor DNA — the same engine that wrote this page covers 2,700+ US stocks.信号、期权持仓、聪明钱动向与因子基因 — 撰写本页的引擎覆盖2700多只美股。
Statistics — full detail统计数据 — 完整明细
Price history价格历史
| Period周期 | This stock本股 | S&P 500标普500 |
|---|---|---|
| 1 Week近1周 | -14.2% | -4.7% |
| 1 Month近1月 | -9.3% | -5.9% |
| 3 Months近3月 | -18.9% | -5.0% |
| 6 Months近6月 | +35.5% | -0.1% |
| Year to date年初至今 | +22.3% | +8.1% |
| 1 Year近1年 | +13.8% | +9.3% |
Trading information交易信息
Volatility rank波动率分位
65th pctile
EPS (trailing)每股收益
$-285.13
Off 52-week high距52周高点
-26.5%
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Financials — full detail财务数据 — 完整明细
Multi-year record多年财务记录
| 20202020 | 20212021 | 20222022 | 20232023 | 20242024 | 20252025 | |
|---|---|---|---|---|---|---|
| Revenue营业收入 | — | $170,000 | $2M | $21M | $48M | $45M |
| EPS每股收益 | $-0.76 | $-0.67 | $-0.90 | $-0.60 | $-0.02 | $-0.34 |
| Free cash flow自由现金流 | — | — | — | — | — | — |
| Gross margin毛利率 | — | — | 94.4% | 94.1% | — | — |
| Net margin净利率 | — | -10203.5% | -1544.9% | -75.5% | -0.9% | -21.8% |
| FCF margin自由现金流利润率 | — | — | — | — | — | — |
Latest fiscal year最近财年
Revenue (FY)营业收入（财年）
$45M
Net income净利润
$-9.7B
Operating cash flow经营现金流
$-12M
Total assets总资产
$71M
Shareholder equity股东权益
$35M
Shares outstanding总股本
0.03B
Returns & growth回报与增长
Return on equity股本回报率
-27461.1%
Return on assets资产回报率
-13807.0%
Asset growth资产增速
+57.0%
Accounting quality checks会计质量检查
- Earnings quality: accruals trending up over 6 fiscal years — earnings increasingly not cash-backed盈利质量：应计利润在 6 个财年间走高——盈利的现金支撑减弱
- Capital discipline: share count +31.4% over 6 years (dilution)资本纪律：股本 6 年增加 31.4%（稀释）
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Technicals — full detail技术面 — 完整明细
Indicator readings指标读数
RSI (14-day)RSI（14日）
37
RSI (2-day)RSI（2日）
7
vs 20-day average相对20日均线
-9.4%
vs 50-day average相对50日均线
-13.2%
vs 200-day average相对200日均线
+1.4%
Golden cross (50>200)金叉（50>200）
in effect生效中
MACDMACD
below signal位于信号线下方
Timeframe alignment多周期共振
Daily日线
momentum down — fresh downturn动能向下——刚刚转弱
3-day3日线
momentum down动能向下
Weekly周线
momentum down动能向下
When daily through monthly point the same way, moves carry further.当日线到月线方向一致时，行情往往更有延续性。
Volatility regime波动状态
Range width percentile波幅宽度分位
29/100
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。
Ownership — full detail持仓 — 完整明细
Insiders & shorts内部人与空头
Insider net buying (6 months)内部人净买入（6个月）
-$1.8M
Insider buyers vs sellers内部人买家vs卖家
0 : 5
Research context only — refreshed nightly. Not investment advice.仅供研究参考 — 每晚更新，不构成投资建议。