Theratechnologies (TSE:TH) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

Shares of Theratechnologies Inc. (TSE:THGet Free Report) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$4.47 and traded as low as C$4.36. Theratechnologies shares last traded at C$4.47, with a volume of 35,472 shares trading hands.

Theratechnologies Trading Down 4.9%

The firm has a market capitalization of C$205.53 million, a price-to-earnings ratio of -23.53, a PEG ratio of -8.50 and a beta of 0.26. The company has a fifty day moving average price of C$4.47 and a two-hundred day moving average price of C$4.47. The company has a current ratio of 0.84, a quick ratio of 0.64 and a debt-to-equity ratio of -156.22.

Theratechnologies Company Profile

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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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