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

Theratechnologies Inc. (TSE:THGet Free Report) shares crossed above its 50-day moving average during trading on Tuesday . 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.

Theratechnologies Stock Performance

The company has a current ratio of 1.19, a quick ratio of 0.64 and a debt-to-equity ratio of -180.46. The company has a market capitalization of C$205.53 million, a price-to-earnings ratio of -23.53, a price-to-earnings-growth ratio of -8.50 and a beta of 0.26. The stock’s fifty day simple moving average is C$4.47 and its 200-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.

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