Theratechnologies (TSE:TH) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Theratechnologies Inc. (TSE:TH) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.78 and traded as high as C$2.16. Theratechnologies shares last traded at C$2.15, with a volume of 28,012 shares changing hands.

Theratechnologies Trading Up 5.9 %

The company has a debt-to-equity ratio of 562.07, a current ratio of 1.10 and a quick ratio of 0.64. The business’s 50 day simple moving average is C$1.78 and its 200 day simple moving average is C$1.81. The stock has a market cap of C$98.86 million, a P/E ratio of -11.94, a PEG ratio of -8.50 and a beta of 1.73.

Theratechnologies (TSE:TH) last released its quarterly earnings results on Thursday, October 10th. The company reported C$0.09 EPS for the quarter. The firm had revenue of C$30.96 million for the quarter. Theratechnologies had a negative net margin of 8.47% and a negative return on equity of 1,116.86%. On average, analysts expect that Theratechnologies Inc. will post 0.0298643 earnings per share for the current fiscal year.

Theratechnologies Company Profile

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.