Theratechnologies (TSE:TH) Share Price Crosses Above 50 Day Moving Average of $1.77

Theratechnologies Inc. (TSE:TH) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$1.77 and traded as high as C$2.25. Theratechnologies shares last traded at C$1.92, with a volume of 69,910 shares changing hands.

Theratechnologies Stock Down 10.3 %

The business’s fifty day moving average is C$1.77 and its two-hundred day moving average is C$2.01. The company has a market cap of C$88.28 million, a P/E ratio of -2.43, a price-to-earnings-growth ratio of -8.50 and a beta of 1.81. The company has a debt-to-equity ratio of 562.07, a quick ratio of 0.64 and a current ratio of 1.15.

Theratechnologies (TSE:TH) last posted its earnings results on Wednesday, April 10th. The company reported C($0.13) EPS for the quarter. The business had revenue of C$21.85 million for the quarter. Theratechnologies had a negative net margin of 23.04% and a negative return on equity of 1,116.86%. Equities analysts predict that Theratechnologies Inc. will post 0.0320362 EPS for the current year.

About Theratechnologies

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.