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

Theratechnologies Inc. (TSE:TH)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 traded.

Theratechnologies Stock Down 4.9%

The company has a debt-to-equity ratio of -156.22, a quick ratio of 0.64 and a current ratio of 0.84. The stock’s fifty day simple moving average is C$4.47 and its two-hundred day simple moving average is C$4.47. The stock has a market capitalization 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.

Theratechnologies Company Profile

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.