Theratechnologies (TSE:TH) Stock Crosses Above 50-Day Moving Average – Should You Sell?

Theratechnologies Inc. (TSE:THGet Free Report) shares passed 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 Stock Performance

The firm has a fifty day simple moving average of C$4.47 and a 200-day simple moving average of C$4.46. The company has a quick ratio of 0.64, a current ratio of 1.08 and a debt-to-equity ratio of -293.92. The company has a market cap of C$205.53 million, a PE ratio of -23.53, a price-to-earnings-growth ratio of -8.50 and a beta of 0.26.

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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