Theratechnologies (TSE:TH) Stock Passes Below 200-Day Moving Average – Should You Sell?

Shares of Theratechnologies Inc. (TSE:THGet Free Report) crossed below its 200-day moving average during trading on Wednesday . 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 changing hands.

Theratechnologies Stock Performance

The stock has a market cap 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 company has a debt-to-equity ratio of -156.22, a current ratio of 0.84 and a quick ratio of 0.64. The firm has a fifty day moving average of C$4.47 and a 200 day moving average of C$4.47.

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.

Further Reading

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