Theratechnologies (TSE:TH) Stock Price Crosses Above 50 Day Moving Average – Time to Sell?

Theratechnologies Inc. (TSE:TH)’s share price crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$4.47 and traded as high as C$4.53. Theratechnologies shares last traded at C$4.47, with a volume of 35,472 shares.

Theratechnologies Stock Performance

The firm has a market cap of C$205.53 million, a price-to-earnings ratio of -23.53, a PEG ratio of -8.50 and a beta of 0.26. The stock’s fifty day moving average is C$4.47 and its two-hundred day moving average is C$4.48. The company has a debt-to-equity ratio of -156.22, a quick ratio of 0.64 and a current ratio of 0.84.

Theratechnologies Company Profile

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.