Jones Trading Downgrades Theratechnologies (TSE:TH) to Hold

Jones Trading lowered shares of Theratechnologies (TSE:TH - Free Report) from a strong-buy rating to a hold rating in a research report sent to investors on Thursday morning,Zacks.com reports.

Theratechnologies Price Performance

Shares of TH stock traded up C$0.15 during mid-day trading on Thursday, hitting C$4.33. 223,219 shares of the stock were exchanged, compared to its average volume of 94,333. The company has a market cap of C$138.15 million, a PE ratio of -49.01, a price-to-earnings-growth ratio of -8.50 and a beta of 1.73. Theratechnologies has a 52-week low of C$1.59 and a 52-week high of C$4.34. The firm has a fifty day moving average of C$3.60 and a 200 day moving average of C$2.91. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of -293.92.

Theratechnologies Company Profile

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.