Theratechnologies (TSE:TH) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Theratechnologies Inc. (TSE:THGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$4.50 and traded as high as C$4.53. Theratechnologies shares last traded at C$4.47, with a volume of 35,472 shares.

Theratechnologies Price Performance

The stock has a market capitalization of C$205.53 million, a PE ratio of -23.53, a PEG ratio of -8.50 and a beta of 0.26. The firm’s fifty day moving average price is C$4.50 and its two-hundred day moving average price is C$4.15. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of -293.92.

Theratechnologies Company Profile

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Theratechnologies Inc is a specialty pharmaceutical company that addresses the unmet medical needs of HIV patients. It mainly operates in Canada and the United States. The company has two approved products, EGRIFTA marketed in Canada and the United States, and Trogarzo approved for commercialization in the United States.

Further Reading

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