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The closing price of Theratechnologies Inc (NASDAQ: THTX) was $2.66 for the day, up 3.50% from the previous closing price of $2.57. In other words, the price has increased by $3.50 from its previous closing price. On the day, 4.38 million shares were traded. THTX stock price reached its highest trading level at $2.85 during the session, while it also had its lowest trading level at $2.5101.
Ratios:
Our analysis of THTX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 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:
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 122709528 and an Enterprise Value of 168316848. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73. Its current Enterprise Value per Revenue stands at 1.898 whereas that against EBITDA is 11.435.
Stock Price History:
The Beta on a monthly basis for THTX is 0.40, which has changed by 0.98507464 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. Over the past 52 weeks, THTX has reached a high of $3.13, while it has fallen to a 52-week low of $1.08. The 50-Day Moving Average of the stock is 60.93%, while the 200-Day Moving Average is calculated to be 80.92%.
Shares Statistics:
THTX traded an average of 2.82M shares per day over the past three months and 11623750 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 1743379200 were 1186307 with a Short Ratio of 0.42, compared to 1740700800 on 48503. Therefore, it implies a Short% of Shares Outstanding of 1186307 and a Short% of Float of 3.7699999999999996.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
