The President & Chief Financial Officer of IntelGenx Technologies (Other OTC: IGXT) is Buying Shares

Yesterday, the President & Chief Financial Officer of IntelGenx Technologies (IGXTResearch Report), André Godin, bought shares of IGXT for $11.2K.

Following this transaction André Godin’s holding in the company was increased by 11% to a total of $98.08K. This is Godin’s first transaction since reporting a Buy transaction on TSE:RLV back in May 2020

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Based on IntelGenx Technologies’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $790K and GAAP net loss of -$1,277,000. In comparison, last year the company earned revenue of $68K and had a GAAP net loss of $2.66 million. Currently, IntelGenx Technologies has an average volume of 629.03K. IGXT’s market cap is $49.17 million and the company has a P/E ratio of -6.80.

Starting in June 2020, IGXT received 4 Buy ratings in a row.

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IntelGenx Technologies Corp. is a oral drug delivery company, which focuses on the development and manufacturing of pharmaceutical oral films based on its proprietary VersaFilm technology platform. Its products include rizaport, tadalafil, loxapine, and montelukast. The company also offers a comprehensive portfolio of pharmaceutical services, such as pharmaceutical research & development, clinical monitoring, regulatory support, tech transfer & manufacturing scale-up and commercial manufacturing. IntelGenx Technologies was founded on July 27, 1999 and is headquartered in Ville Saint-Laurent, Canada.