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Theratechnologies (TSE:TH) Shares Cross Above Fifty Day Moving Average - What's Next?

Theratechnologies logo with Medical background

Theratechnologies Inc. (TSE:TH - Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$3.63 and traded as high as C$4.33. Theratechnologies shares last traded at C$4.31, with a volume of 32,757 shares changing hands.

Analyst Ratings Changes

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

View Our Latest Research Report on Theratechnologies

Theratechnologies Price Performance

The firm has a 50-day simple moving average of C$3.67 and a two-hundred day simple moving average of C$3.01. The company has a market capitalization of C$137.51 million, a price-to-earnings ratio of -48.79, a P/E/G ratio of -8.50 and a beta of 1.73. The company has a current ratio of 1.08, a quick ratio of 0.64 and a debt-to-equity ratio of -293.92.

About Theratechnologies

(Get Free Report)

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.

See Also

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