Theratechnologies (TSE:TH) Shares Cross Above 50-Day Moving Average – Here’s What Happened
by Kim Johansen · The Markets DailyTheratechnologies Inc. (TSE:TH – Get Free Report)’s stock price passed above its 50-day moving average during trading on Monday . 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 traded.
Theratechnologies Price Performance
The firm’s 50 day simple moving average is C$4.47 and its two-hundred day simple moving average is C$4.47. 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 market capitalization of C$205.53 million, a P/E ratio of -23.53, a P/E/G ratio of -8.50 and a beta of 0.26.
About Theratechnologies
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.