Theratechnologies (TSE:TH) Stock Passes Above Fifty Day Moving Average – Here’s Why

Theratechnologies Inc. (TSE:THGet Free Report) passed 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 traded.

Theratechnologies Price Performance

The company has a market cap of C$205.53 million, a P/E ratio of -23.53, a P/E/G ratio of -8.50 and a beta of 0.26. The firm has a 50 day moving average of C$4.47 and a 200-day moving average of C$4.48. The company has a current ratio of 0.84, a quick ratio of 0.64 and a debt-to-equity ratio of -156.22.

Theratechnologies Company Profile

(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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