Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Theratechnologies Inc’s stock clocked out at $1.67, down -10.22% from its previous closing price of $1.86. In other words, the price has decreased by -$10.22 from its previous closing price. On the day, 1.79 million shares were traded. THTX stock price reached its highest trading level at $1.8193 during the session, while it also had its lowest trading level at $1.63.
Ratios:
To gain a deeper understanding of THTX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.45. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.19.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on November 17, 2022, initiated with a Overweight rating and assigned the stock a target price of $9.
On July 29, 2021, Canaccord Genuity Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $8 to $3.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, THTX now has a Market Capitalization of 86322632 and an Enterprise Value of 111600632. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47. Its current Enterprise Value per Revenue stands at 1.3 whereas that against EBITDA is 10.53.
Stock Price History:
The Beta on a monthly basis for THTX is 0.99, which has changed by 0.06369424 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, THTX has reached a high of $2.18, while it has fallen to a 52-week low of $1.08. The 50-Day Moving Average of the stock is 1.52%, while the 200-Day Moving Average is calculated to be 15.48%.
Shares Statistics:
It appears that THTX traded 1.02M shares on average per day over the past three months and 5691130 shares per day over the past ten days. A total of 45.98M shares are outstanding, with a floating share count of 19.10M. Insiders hold about 21.08% of the company’s shares, while institutions hold 57.43% stake in the company. Shares short for THTX as of 1741910400 were 41858 with a Short Ratio of 0.05, compared to 1739491200 on 31890. Therefore, it implies a Short% of Shares Outstanding of 41858 and a Short% of Float of 0.13.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
