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Theratechnologies (TSE:TH) Stock Passes Below Fifty Day Moving Average - Time to Sell?

Theratechnologies logo with Medical background

Theratechnologies Inc. (TSE:TH - Get Free Report)'s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$1.72 and traded as low as C$1.70. Theratechnologies shares last traded at C$1.73, with a volume of 14,250 shares.

Theratechnologies Stock Performance

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 50-day moving average price of C$1.72 and a 200-day moving average price of C$1.81. The company has a market capitalization of C$78.63 million, a price-to-earnings ratio of -9.61, a PEG ratio of -8.50 and a beta of 1.73.

Theratechnologies (TSE:TH - Get Free Report) last issued its quarterly earnings data on Thursday, October 10th. The company reported C$0.09 earnings per share for the quarter. The company had revenue of C$30.96 million for the quarter. Theratechnologies had a negative net margin of 8.47% and a negative return on equity of 1,116.86%. As a group, analysts forecast that Theratechnologies Inc. will post 0.0298643 earnings per share for the current year.

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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