Theratechnologies (TSE:TH) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Shares of Theratechnologies Inc. (TSE:THGet Free Report) crossed above its fifty day moving average during trading on Tuesday . 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 Trading Down 4.9%

The company has a market capitalization of C$205.53 million, a price-to-earnings ratio of -23.53, a PEG ratio of -8.50 and a beta of 0.26. The firm has a 50-day moving average price of C$4.47 and a 200-day moving average price of C$4.47. The company has a current ratio of 0.84, a quick ratio of 0.64 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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