Theratechnologies (TSE:TH) Stock Crosses Below 200-Day Moving Average – What’s Next?

Theratechnologies Inc. (TSE:THGet Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-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 trading hands.

Theratechnologies Stock Down 4.9%

The business’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 market cap of C$205.53 million, a price-to-earnings ratio of -23.53, a price-to-earnings-growth ratio of -8.50 and a beta of 0.26. The company has a debt-to-equity ratio of -156.22, a quick ratio of 0.64 and a current ratio of 0.84.

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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