Shares of Theratechnologies Inc. (TSE:TH – Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$1.95 and traded as low as C$1.79. Theratechnologies shares last traded at C$1.85, with a volume of 5,600 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Cantor Fitzgerald restated an “overweight” rating on shares of Theratechnologies in a research note on Friday, January 12th.
Theratechnologies Stock Up 2.2 %
Theratechnologies (TSE:TH – Get Free Report) last announced its earnings results on Wednesday, February 21st. The company reported C($0.11) earnings per share for the quarter. The firm had revenue of C$31.93 million during the quarter. Theratechnologies had a negative net margin of 29.30% and a negative return on equity of 1,116.86%. As a group, research analysts forecast that Theratechnologies Inc. will post 0.0367421 EPS for the current fiscal year.
Theratechnologies Company Profile
Theratechnologies Inc, a biopharmaceutical company, focuses on the development and commercialization of various therapies to address the unmet medical needs in the United States, Canada, and Europe. The company offers EGRIFTA SV for the reduction of excess abdominal fat in human immunodeficiency virus (HIV)-infected patients with lipodystrophy; and Trogarzo for the treatment of HIV-1 infection in heavily treatment-experienced adults with multidrug-resistant HIV-1 infection failing their current antiretroviral regimen.
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