Theratechnologies (TSE:TH) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Theratechnologies Inc. (TSE:THGet Free Report) shares 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 changing hands.

Theratechnologies Price Performance

The firm has a market capitalization of C$205.53 million, a P/E ratio of -23.53, a P/E/G ratio of -8.50 and a beta of 0.26. The stock’s 50 day simple moving average is C$4.47 and its 200 day simple moving average is C$4.48. The company has a debt-to-equity ratio of -156.22, a quick ratio of 0.64 and a current ratio of 0.84.

Theratechnologies Company Profile

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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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