Theratechnologies (TSE:TH) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Theratechnologies Inc. (TSE:THGet Free Report)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.

Theratechnologies Price Performance

The business’s 50 day moving average price is C$4.47 and its 200-day moving average price is C$4.47. The company has a market cap of C$205.53 million, a PE 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.

About Theratechnologies

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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.

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