Concordia International (CXR) Stock Price Down 2.4%

Concordia International Corp (TSE:CXR) (NASDAQ:CXRX) was down 2.4% during mid-day trading on Thursday . The company traded as low as C$0.77 and last traded at C$0.80. Approximately 81,286 shares changed hands during trading, a decline of 57% from the average daily volume of 188,021 shares. The stock had previously closed at C$0.82.

The stock has a market capitalization of $40.63, a PE ratio of -0.02 and a beta of -1.65.

Concordia International (TSE:CXR) (NASDAQ:CXRX) last posted its quarterly earnings results on Tuesday, November 14th. The company reported C$0.08 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$0.17 by C($0.09).

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About Concordia International

Concordia International Corp, formerly Concordia Healthcare Corp, is a Canada-based pharmaceutical company. The Company, through subsidiaries, owns a portfolio of branded and generic prescription products. Its activities are divided into four segments: Concordia North America, includes sales of pharmaceutical products, such as Donnatal for the treatment of irritable bowel syndrome, Zonegran for the treatment of partial seizures in adults with epilepsy and Nilandron for the treatment of metastatic prostate cancer; Concordia International, includes a portfolio of branded and generic products that are sold to wholesalers, hospitals and pharmacies in over 100 countries, and focuses on acquisition, licensing and development of off-patent prescription medicines; Orphan Drugs, includes Photofrin, which is for the treatment of certain forms of rare cancer, and Corporate cost centre, includes centralized costs incurred by the Company.

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