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

Theratechnologies logo with Medical background

Theratechnologies Inc. (TSE:TH - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$2.15 and traded as high as C$2.47. Theratechnologies shares last traded at C$2.46, with a volume of 33,073 shares traded.

Theratechnologies Stock Performance

The firm's 50-day simple moving average is C$2.16 and its two-hundred day simple moving average is C$1.94. The company has a current ratio of 1.10, a quick ratio of 0.64 and a debt-to-equity ratio of 562.07. The stock has a market capitalization of C$118.63 million, a PE ratio of -14.33, a PEG ratio of -8.50 and a beta of 1.73.

About Theratechnologies

(Get Free Report)

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.

Further Reading

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