Theratechnologies (OTCMKTS:THERF) Stock Passes Above 50-Day Moving Average of $4.05

Theratechnologies Inc (OTCMKTS:THERF) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $4.05 and traded as high as $4.20. Theratechnologies shares last traded at $4.19, with a volume of 20,796 shares traded.

Separately, ValuEngine upgraded shares of Theratechnologies from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st.

The company has a debt-to-equity ratio of 1.70, a current ratio of 2.69 and a quick ratio of 2.19. The business’s 50-day simple moving average is $4.05 and its two-hundred day simple moving average is $4.98.

Theratechnologies (OTCMKTS:THERF) last issued its earnings results on Thursday, July 11th. The company reported ($0.04) earnings per share for the quarter. Theratechnologies had a negative net margin of 8.78% and a negative return on equity of 4.97%. The company had revenue of $15.61 million during the quarter.

About Theratechnologies (OTCMKTS:THERF)

Theratechnologies Inc, a specialty pharmaceutical company, addresses unmet medical needs to promote healthy living and improve quality of life among HIV patients. It offers EGRIFTA, for the reduction of excess abdominal fat in HIV-infected patients with lipodystrophy in Canada and the United States; and Trogarz, an injection refers to ibalizumab for the treatment of multidrug resistant HIV-1 infected patients in the United States.

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