Theratechnologies (TSE:TH) Trading Up 1.9% - Here's Why

Theratechnologies Inc. (TSE:TH - Get Free Report)'s share price was up 1.9% on Thursday . The stock traded as high as C$2.21 and last traded at C$2.18. Approximately 37,126 shares changed hands during mid-day trading, a decline of 12% from the average daily volume of 42,232 shares. The stock had previously closed at C$2.14.

Theratechnologies Price Performance

The company's 50-day simple moving average is C$2.39 and its 200-day simple moving average is C$1.98. The company has a debt-to-equity ratio of 562.07, a current ratio of 1.10 and a quick ratio of 0.64. The stock has a market capitalization of C$107.13 million, a price-to-earnings ratio of -12.94, a P/E/G ratio of -8.50 and a beta of 1.73.

Theratechnologies Company Profile

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.