Theratechnologies (TSE:TH) Shares Cross Above 50-Day Moving Average – Time to Sell?

Shares of Theratechnologies Inc. (TSE:THGet Free Report) crossed above its 50-day moving average during trading on Friday . 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 trading hands.

Theratechnologies Stock Performance

The business’s fifty day moving average price is C$4.47 and its 200-day moving average price is C$4.48. The company has a debt-to-equity ratio of -156.22, a current ratio of 0.84 and a quick ratio of 0.64. The stock has a market capitalization 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.

About Theratechnologies

(Get Free Report)

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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