Theratechnologies (TSE:TH) Stock Passes Below 50 Day Moving Average – Should You Sell?

Theratechnologies Inc. (TSE:THGet Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty 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 traded.

Theratechnologies Price Performance

The stock’s 50-day moving average is C$4.47 and its 200 day moving average is C$4.47. The stock has a market capitalization of C$205.53 million, a PE ratio of -23.53, a P/E/G 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

(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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