Theratechnologies (TSE:TH) Share Price Passes Below 50 Day Moving Average of $1.92

Shares of Theratechnologies Inc. (TSE:TH) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$1.92 and traded as low as C$1.70. Theratechnologies shares last traded at C$1.73, with a volume of 11,698 shares trading hands.

Theratechnologies Stock Down 0.6 %

The company has a quick ratio of 0.64, a current ratio of 1.10 and a debt-to-equity ratio of 562.07. The stock has a market cap of C$75.87 million, a price-to-earnings ratio of -9.44, a PEG ratio of -8.50 and a beta of 1.75. The business’s fifty day moving average is C$1.91 and its two-hundred day moving average is C$1.88.

Theratechnologies (TSE:TH) last announced its quarterly earnings data on Wednesday, July 10th. The company reported C$0.03 earnings per share for the quarter. The firm had revenue of C$30.00 million during the quarter. Theratechnologies had a negative net margin of 8.47% and a negative return on equity of 1,116.86%. Equities analysts forecast that Theratechnologies Inc. will post 0.041005 earnings per share for the current fiscal year.

Theratechnologies Company Profile

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.