Theratechnologies (TSE:TH) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Theratechnologies Inc. (TSE:THGet Free Report)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$4.47 and traded as high as C$4.53. Theratechnologies shares last traded at C$4.47, with a volume of 35,472 shares traded.

Theratechnologies Price Performance

The company has a quick ratio of 0.64, a current ratio of 0.84 and a debt-to-equity ratio of -156.22. The stock has a market cap of C$205.53 million, a P/E ratio of -23.53, a price-to-earnings-growth ratio of -8.50 and a beta of 0.26. The business’s 50-day simple moving average is C$4.47 and its two-hundred day simple moving average is C$4.47.

About Theratechnologies

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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.

Further Reading

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