Theratechnologies (TSE:TH) Shares Cross Below 200-Day Moving Average – Should You Sell?

Theratechnologies Inc. (TSE:THGet Free Report) passed below its two hundred day moving average during trading on Wednesday . 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 changing hands.

Theratechnologies Price Performance

The firm has a market cap of C$205.53 million, a P/E ratio of -23.53, a price-to-earnings-growth ratio of -8.50 and a beta of 0.26. The company has a current ratio of 0.84, a quick ratio of 0.64 and a debt-to-equity ratio of -156.22. The business has a 50-day moving average of C$4.47 and a two-hundred day moving average of 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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