Theratechnologies (TSE:TH) Shares Cross Above 50-Day Moving Average – Here’s Why

by · The Markets Daily

Theratechnologies Inc. (TSE:TH – Get Free Report) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$1.85 and traded as high as C$2.72. Theratechnologies shares last traded at C$2.58, with a volume of 130,950 shares.

Theratechnologies Price Performance

The company’s fifty day moving average price is C$1.89 and its two-hundred day moving average price is C$1.84. The company has a market cap of C$119.55 million, a price-to-earnings ratio of -14.44, a PEG ratio of -8.50 and a beta of 1.73. The company has a quick ratio of 0.64, a current ratio of 1.10 and a debt-to-equity ratio of 562.07.

Theratechnologies (TSE:TH – Get Free Report) last issued its quarterly earnings results on Thursday, October 10th. The company reported C$0.09 earnings per share (EPS) for the quarter. The firm had revenue of C$30.96 million for the quarter. Theratechnologies had a negative net margin of 8.47% and a negative return on equity of 1,116.86%. On average, equities research analysts forecast that Theratechnologies Inc. will post 0.0298643 EPS for the current fiscal year.

About Theratechnologies

(Get Free Report)

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.

Featured Stories