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

Theratechnologies Inc. (TSE:TH – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Thursday. 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 Price Performance

The company has a quick ratio of 0.64, a current ratio of 1.19 and a debt-to-equity ratio of -180.46. The firm has a market capitalization of C$205.53 million, a PE ratio of -23.53, a PEG ratio of -8.50 and a beta of 0.26. The firm’s fifty day simple moving average is C$4.47 and its 200-day simple moving average is C$4.47.

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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