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

Theratechnologies Inc. (TSE:THGet Free Report)’s share price passed above its 50-day moving average during trading on Thursday . 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.

Theratechnologies Stock Performance

The firm has a 50 day moving average of C$4.47 and a 200-day moving average of 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 debt-to-equity ratio of -156.22, a quick ratio of 0.64 and a current ratio of 0.84.

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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