Theratechnologies (TSE:TH) Share Price Breaks Above 50-Day Moving Average – What’s Next?

Shares of Theratechnologies Inc. (TSE:TH – Get Free Report) crossed above its fifty day moving average during trading on Friday. The stock has a fifty 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 1.19 and a debt-to-equity ratio of -180.46. The company has a market cap of C$205.53 million, a PE ratio of -23.53, a P/E/G ratio of -8.50 and a beta of 0.26. The stock has a 50-day simple moving average of C$4.47 and a 200 day simple moving average of 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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