Press Alt+1 for screen-reader mode, Alt+0 to cancelAccessibility Screen-Reader Guide, Feedback, and Issue Reporting | New window

Stock News

Can-Fite’s Surging Stock: Is It Time to Act?

Jack KelloggAvatar
Written by Jack Kellogg
Updated 4/14/2025, 11:38 am ET 7 min read

Can-Fite Biopharma Ltd Sponsored ADR (Israel) stocks have been trading up by 7.32% due to promising news.

Highlights

  • The FDA granted approval for compassionate use of Can-Fite’s anti-cancer drug, Namodenoson, boosting its stock 18%.
  • Surging shares were reported after the announcement of compassionate use approval by the US FDA, notably affecting a pancreatic cancer patient.
  • News of Namodenoson being in late-stage trials for liver cancer also caught attention, following this significant US FDA nod.
  • The ongoing clinical trials have helped prop up stock prices previously dampened by lackluster financial performance.

Candlestick Chart

Live Update At 10:38:04 EST: On Monday, April 14, 2025 Can-Fite Biopharma Ltd Sponsored ADR (Israel) stock [NYSE American: CANF] is trending up by 7.32%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Recent Innovations and Market Impact

As millionaire penny stock trader and teacher Tim Sykes says, “Small gains add up over time; focus on building wealth gradually, not chasing jackpots.” This philosophy is crucial for traders looking to succeed in the long run. By prioritizing steady progress instead of chasing quick wins, traders can cultivate a sustainable approach to their trading strategies. Embracing this mindset allows for consistent, incremental growth and ultimately leads to significant financial achievements over time.

In a market characterized by rapid fluctuations and passionate investors, the news of Can-Fite Biopharma receiving FDA approval has sent a wave of excitement through its shares. An anti-cancer drug named Namodenoson has been granted compassionate use treatment approval to help a U.S. based pancreatic cancer patient. This recent FDA approval propelled the company’s stock substantially, creating an aura of renewed hope among the stakeholders.

Can-Fite Biopharma’s recent journey showcases the intricate world where healthcare innovations directly impact financial markets. This is not just about numbers on a ticker but also the hope of medical breakthroughs for patients in dire need. With Namodenoson currently in late-stage trials for liver cancer and ongoing Phase 2 trials for pancreatic cancer in Israel, prospects for Can-Fite appear optimistic. It’s akin to a ship navigating stormy waters but now finding a beam of light guiding it towards calmer seas.

The invigorating news of FDA’s approval isn’t just a typical headline; it represents a significant milestone in Can-Fite’s journey. In the financial market, such a nod can be viewed as gold. This warm reception is evidenced by a stock jump, as analysts and investors evaluate the possible ripple effect. FDA’s approval for an orphan drug designation catapults Namodenoson’s image in the medical community and heralds potential market advantages.

More Breaking News

Back in December, financial metrics painted a challenging picture of Can-Fite, with declining revenues over three and five years, and significant losses in profitability. However, the company’s determination to turn the tide is evident. Stepping back, this leap in stock price stands not just for gains, but as a beacon of hope for improved patient lives.

Financial Snapshot and Market Comparison

Analyzing the numbers, Can-Fite presents an intriguing blend of caution and optimism. With a current lever ratio of 1.6 and a price-to-book ratio of 1.4, Can-Fite’s financial stance looks reasonable but not overextended. Its past lack of profitability with a troubling -1039% pre-tax profit margin now contrasts sharply with the buzz from recent innovations. Investors and analysts pore over these numbers eagerly, seeing the potential for upward mobility while acknowledging possible turbulence.

In this landscape, keeping an eye on both the enterprise value of $2.28M and the modest yet significant cash flow allows one to understand Can-Fite’s narrative better. It’s a story of redemption, resilience against odds, and strategic advancements. Complemented by announcements of a phase 3 study for Piclidenoson in psoriasis, the company shows its commitment to broadening its scope while refining its core product offerings.

Can-Fite’s News and Price Market Dynamics

The resignation from Can-Fite was clear but calculated – without continued advancements, reassuring investors would be a Herculean task. Vibrant news of FDA approval conclusively altered market dynamics. Given the stock’s history of volatility largely due to profit margin shortfalls, today portrays a diversification in factors, showing that strategic planning and breakthroughs still hold significant sway in pharmaceutical realms.

As shares surged following promising drug developments, the reminder resounded: medical innovation and stock exchanges intertwine more than ever. Entities with ties to profitable creations will always be keenly observed, and such validations spark ripples that journey through the stock market’s intricate weave.

Can-Fite Biopharma’s venture remains a choice of ingenuity, tied neither just to numbers nor to hopeful declarations. With its eyes on future market trends, potential investors weigh the risks along with the prospective returns. Stocks might indeed see more excitement in the short term, having piqued the interest of analysts and everyday traders alike. Whether scaling heights or grounded by challenges, Can-Fite’s story remains intricately tied to its scientific quest—achievements triumphing over uncertainties.

A Breath of Optimism Amidst Numbers

Namodenoson’s FDA nod isn’t merely about immediate gains; it sets the path for longer-term ambitions. Among the complexities of key financial ratios and past earnings dips, the constant now is anticipation. Traders scurrily recalibrate their interpretations of Can-Fite’s graphs, metrics, and projections. As millionaire penny stock trader and teacher Tim Sykes, says, “Consistency is key in trading; don’t let emotions dictate your trades.” They scramble to see if this promising medicinal potential transitions into ongoing fiscal health.

Optimism follows innovation just as night does day. Approved trials like these aren’t guarantees, but they resonate strongly in clinical markets. The potential for commercial drug success reverberates amongst the conscientious. Within this balance of hard-hitting stats and newfound prospects, stakeholders continue to skirt around questions. Will the stock maintain its height? How does the evolving science shape future peaks or pitfalls?

In conclusion, observing Can-Fite’s journey through the ambiguous dance of trial ramifications and market responses underscores a truth. Despite twists and turns, the emphasis remains on pioneering spirit. Guiding healthcare innovations into tangible victories remains a reward in itself. A reflection on Can-Fite’s current triumphs calls those in the trading community to ponder—will they seize this opportunity, or will they watch from the sidelines as it unfolds further?

This content is produced using automated systems designed to deliver timely stock news. All material is reviewed by our editorial team and is provided solely for informational and entertainment purposes. It does not constitute professional investment advice. For additional details, please refer to our [Terms of Service]

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

Dive deeper into the world of trading with Timothy Sykes, renowned for his expertise in penny stocks. Explore his top picks and discover the strategies that have propelled him to success with these articles:

Once you’ve got some stocks on watch, elevate your trading game with StocksToTrade the ultimate platform for traders. With specialized tools for swing and day trading, StocksToTrade will guide you through the market’s twists and turns.
Dig into StocksToTrade’s watchlists here:


How much has this post helped you?



Leave a reply

Author card Timothy Sykes picture

Jack Kellogg

He teaches webinars on Tim Sykes’ Trading Challenge He became Tim’s youngest millionaire student in 2020. Now he’s second on the Trading Challenge leaderboard with $12.9 million in career earnings. He’s a master of the 7-Step Pennystocking Framework. Jack is one of a rare breed of traders to profitably trade the entire penny stock framework.
Read More

* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”

ts swipe photo
Join Thousands Profiting From Smart Trades!
TRADE LIKE TIM
notification icon
Subscribe to receive notifications