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

Theratechnologies Inc. (TSE:TH)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$2.15 and traded as high as C$2.47. Theratechnologies shares last traded at C$2.46, with a volume of 33,073 shares traded.

Theratechnologies Trading Up 4.2 %

The firm has a market cap of C$113.11 million, a price-to-earnings ratio of -13.67, a price-to-earnings-growth ratio of -8.50 and a beta of 1.73. The company has a quick ratio of 0.64, a current ratio of 1.10 and a debt-to-equity ratio of 562.07. The business has a 50 day moving average price of C$2.15 and a 200-day moving average price of C$1.93.

About Theratechnologies

Theratechnologies Inc, a biopharmaceutical company, focuses on the development and commercialization of various therapies to address the unmet medical needs in the United States, Canada, and Europe. The company offers EGRIFTA SV for the reduction of excess abdominal fat in human immunodeficiency virus (HIV)-infected patients with lipodystrophy; and Trogarzo for the treatment of HIV-1 infection in heavily treatment-experienced adults with multidrug-resistant HIV-1 infection failing their current antiretroviral regimen.