Theratechnologies (TSE:TH) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Theratechnologies Inc. (TSE:TH)’s share price crossed above its 50 day moving average during trading on Friday . 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 Down 4.9%

The firm’s 50-day moving average price is C$4.47 and its 200 day moving average price is C$4.47. The firm has a market cap of C$205.53 million, a P/E ratio of -23.53, a price-to-earnings-growth ratio of -8.50 and a beta of 0.26. The company has a quick ratio of 0.64, a current ratio of 0.84 and a debt-to-equity ratio of -156.22.

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.