Theratechnologies (TSE:TH) Shares Pass Below 200-Day Moving Average – Time to Sell?

Theratechnologies Inc. (TSE:THGet Free Report)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred 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 Stock Down 4.9%

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 P/E ratio of -23.53, a PEG ratio of -8.50 and a beta of 0.26. The company has a fifty day moving average price of C$4.47 and a 200-day moving average price of C$4.47.

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.

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