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After finishing at $1.82 in the prior trading day, Theratechnologies Inc (NASDAQ: THTX) closed at $1.60, down -11.85%. In other words, the price has decreased by -$11.85 from its previous closing price. On the day, 0.53 million shares were traded.
Ratios:
Our goal is to gain a better understanding of THTX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.08.
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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46.
Stock Price History:
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 -7.03%, while the 200-Day Moving Average is calculated to be 13.34%.
Shares Statistics:
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.
