Theratechnologies (TSE:TH) Shares Cross Below Two Hundred Day Moving Average of $1.84

Theratechnologies Inc. (TSE:TH) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.84 and traded as low as C$1.59. Theratechnologies shares last traded at C$1.61, with a volume of 89,100 shares changing hands.

Theratechnologies Price Performance

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 firm has a market cap of C$78.17 million, a P/E ratio of -9.28, a P/E/G ratio of -8.50 and a beta of 1.74. The business’s 50 day moving average is C$1.86 and its two-hundred day moving average is C$1.84.

Theratechnologies (TSE:TH) last posted its earnings results on Wednesday, July 10th. The company reported C$0.03 EPS for the quarter. Theratechnologies had a negative net margin of 8.47% and a negative return on equity of 1,116.86%. The company had revenue of C$30.00 million during the quarter. As a group, analysts anticipate that Theratechnologies Inc. will post 0.0457406 earnings per share for the current year.

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.