Theratechnologies (TSE:TH) Reaches New 12-Month High - Here's What Happened

Theratechnologies Inc. (TSE:TH - Get Free Report) shares reached a new 52-week high on Monday . The stock traded as high as C$4.31 and last traded at C$4.32, with a volume of 193034 shares trading hands. The stock had previously closed at C$4.18.

Analysts Set New Price Targets

Separately, Jones Trading downgraded shares of Theratechnologies from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 3rd.

Theratechnologies Price Performance

The stock has a 50-day moving average price of C$3.60 and a two-hundred day moving average price of C$2.92. The company has a current ratio of 1.08, a quick ratio of 0.64 and a debt-to-equity ratio of -293.92. The stock has a market cap of C$137.19 million, a price-to-earnings ratio of -48.67, a PEG ratio of -8.50 and a beta of 1.73.

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.