Theratechnologies (TSE:TH) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Theratechnologies Inc. (TSE:TH)’s share price passed above its 50 day moving average during trading on Monday . 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 stock has a market cap of C$205.53 million, a P/E ratio of -23.53, a PEG ratio of -8.50 and a beta of 0.26. The company has a fifty day moving average of C$4.47 and a 200 day moving average of 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.

About Theratechnologies

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.