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Theratechnologies (TSE:TH) Shares Cross Below 50 Day Moving Average - What's Next?

Theratechnologies logo with Medical background

Theratechnologies Inc. (TSE:TH - Get Free Report)'s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$3.53 and traded as low as C$3.25. Theratechnologies shares last traded at C$3.28, with a volume of 33,910 shares.

Wall Street Analysts Forecast Growth

Separately, Jones Trading upgraded Theratechnologies from a "hold" rating to a "strong-buy" rating in a research note on Friday, April 11th.

Get Our Latest Analysis on Theratechnologies

Theratechnologies Stock Performance

The stock has a market cap of C$109.44 million, a price-to-earnings ratio of -38.83, 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. The firm has a fifty day simple moving average of C$3.62 and a 200-day simple moving average of C$2.79.

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.

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