Is Buying Stock Like Teligent Inc (TLGT) After Such Increase Winning Strategy?

September 17, 2017 - By Linda Rogers

The stock of Teligent Inc (NASDAQ:TLGT) is a huge mover today! The stock increased 5.74% or $0.39 on September 15, reaching $7.19. About 1.08 million shares traded or 139.10% up from the average. Teligent Inc (NASDAQ:TLGT) has risen 64.58% since September 17, 2016 and is uptrending. It has outperformed by 47.88% the S&P500.
The move comes after 9 months positive chart setup for the $383.89 million company. It was reported on Sep, 17 by Barchart.com. We have $7.41 PT which if reached, will make NASDAQ:TLGT worth $11.52M more.

Analysts await Teligent Inc (NASDAQ:TLGT) to report earnings on October, 26. After $-0.02 actual earnings per share reported by Teligent Inc for the previous quarter, Wall Street now forecasts -50.00 % EPS growth.

More notable recent Teligent Inc (NASDAQ:TLGT) news were published by: Globenewswire.com which released: “Teligent, Inc. to Present at Morgan Stanley 15th Annual Global Healthcare …” on September 12, 2017, also Prnewswire.com with their article: “Teligent, Inc. Announces FDA Approval Of Erythromycin Topical Gel USP, 2%” published on July 21, 2017, Prnewswire.com published: “Teligent, Inc. Appoints Martin Wilson To General Counsel” on April 25, 2017. More interesting news about Teligent Inc (NASDAQ:TLGT) were released by: Globenewswire.com and their article: “Teligent, Inc. Announces Second Quarter 2017 Results” published on August 08, 2017 as well as Seekingalpha.com‘s news article titled: “Teligent: A Speculative Growth Opportunity” with publication date: June 08, 2017.

Teligent, Inc. is a specialty generic pharmaceutical company. The company has market cap of $383.89 million. Under the Company’s own label, it markets and sells generic injectable pharmaceutical products in the United States and Canada. It currently has negative earnings. In the United States it marketed 16 generic topical pharmaceutical products and four branded generic pharmaceutical products, as of December 31, 2016.

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