Theratechnologies (TSE:TH) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

Theratechnologies Inc. (TSE:THGet Free Report)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$4.47 and traded as low as C$4.36. Theratechnologies shares last traded at C$4.47, with a volume of 35,472 shares changing hands.

Theratechnologies Price Performance

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

About Theratechnologies

(Get Free Report)

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.

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