Theratechnologies (TSE:TH) Share Price Crosses Above 50-Day Moving Average – Time to Sell?

Shares of Theratechnologies Inc. (TSE:TH) 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 trading hands.

Theratechnologies Price Performance

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 company has a fifty day moving average price of C$2.15 and a 200 day moving average price of C$1.93. The company has a market capitalization of C$113.11 million, a P/E ratio of -13.67, a price-to-earnings-growth ratio of -8.50 and a beta of 1.73.

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.