Theratechnologies Inc. (TH.TO) (TSE:TH) Shares Gap Down to $4.00

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Theratechnologies Inc. (TH.TO) (TSE:TH)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $4.00, but opened at $3.61. Theratechnologies Inc. (TH.TO) shares last traded at $3.58, with a volume of 43,521 shares.

The company has a quick ratio of 1.05, a current ratio of 1.90 and a debt-to-equity ratio of 645.60. The company has a market cap of C$255.68 million and a P/E ratio of -10.85. The firm’s 50 day moving average is C$3.11 and its two-hundred day moving average is C$3.08.

Theratechnologies Inc. (TH.TO) (TSE:TH) last issued its quarterly earnings data on Thursday, October 15th. The company reported C($0.12) earnings per share for the quarter. The company had revenue of C$18.72 million for the quarter. As a group, research analysts forecast that Theratechnologies Inc. will post -0.18 EPS for the current fiscal year.

About Theratechnologies Inc. (TH.TO) (TSE:TH)

Theratechnologies Inc, a biopharmaceutical company, markets prescription products in the United States, Europe, and Canada. It offers EGRIFTA and EGRIFTA SV, for the reduction of excess abdominal fat in human immunodeficiency virus (HIV)-infected patients with lipodystrophy; and Trogarzo, an injection refers to ibalizumab for the treatment of multidrug resistant HIV-1 infected patients.

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