What’s Teligent, Inc. (TLGT) Upside After Today’s Huge Increase?

March 18, 2018 - By reb123z

The stock of Teligent, Inc. (NASDAQ:TLGT) is a huge mover today! The stock increased 20.97% or $0.52 during the last trading session, reaching $3. About 5.03 million shares traded or 782.67% up from the average. Teligent, Inc. (NASDAQ:TLGT) has risen 64.58% since March 18, 2017 and is uptrending. It has outperformed by 47.88% the S&P500.
The move comes after 8 months positive chart setup for the $160.20 million company. It was reported on Mar, 18 by Barchart.com. We have $3.27 PT which if reached, will make NASDAQ:TLGT worth $14.42 million more.

More recent Teligent, Inc. (NASDAQ:TLGT) news were published by: Globenewswire.com which released: “Teligent, Inc. to Present at the Raymond James 39th Annual Institutional …” on March 05, 2018. Also Seekingalpha.com published the news titled: “Teligent’s (TLGT) CEO Jason Grenfell-Gardner on Q4 2017 Results – Earnings …” on March 17, 2018. Globenewswire.com‘s news article titled: “Teligent, Inc. Announces Fourth Quarter and Year End 2017 Results” with publication date: March 15, 2018 was also an interesting one.

Teligent, Inc., a specialty generic pharmaceutical company, develops, formulates, makes, and markets generic topical, branded generic, and generic injectable pharmaceutical products in the United States and Canada. The company has market cap of $160.20 million. The firm sells generic pharmaceutical products in topical, injectable, complex, and ophthalmic dosage forms. It currently has negative earnings. It also develops, makes, fills, and packages topical semi-solid and liquid products for branded and generic pharmaceutical customers, as well as for over-the-counter and cosmetic markets.

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