Theratechnologies (TSE:TH) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Theratechnologies Inc. (TSE:THGet Free Report)’s stock price 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 Trading Down 4.9%

The stock has a 50 day moving average of C$4.47 and a 200-day moving average of C$4.47. The company has a market capitalization of C$205.53 million, a P/E ratio of -23.53, a P/E/G ratio of -8.50 and a beta of 0.26. The company has a current ratio of 0.84, a quick ratio of 0.64 and a debt-to-equity ratio of -156.22.

About Theratechnologies

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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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