Theratechnologies Inc (NASDAQ: THTX) is 41.99% higher on its value in year-to-date trading and has touched a low of $1.08 and a high of $2.29 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The THTX stock was last observed hovering at around $1.94 in the last trading session, with the day’s gains setting it 0.63%.
Currently trading at $2.57, the stock is 60.22% and 57.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 58.97 million and changing 32.47% at the moment leaves the stock 75.56% off its SMA200. THTX registered 72.48% gain for a year compared to 6-month gain of 103.19%. The firm has a 50-day simple moving average (SMA 50) of $1.6294 and a 200-day simple moving average (SMA200) of $1.46465.
The stock witnessed a 63.17% loss in the last 1 month and extending the period to 3 months gives it a 54.82%, and is 56.71% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 28.49% over the week and 14.12% over the month.
Theratechnologies Inc (THTX) has around 105 employees, a market worth around $62.19M and $88.67M in sales. Fwd P/E is 8.86. Profit margin for the company is -4.18%. Distance from 52-week low is 137.96% and 12.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-17.43%).
with sales reaching $24.3M over the same period.The EPS is expected to grow by 157.24% this year, but quarterly earnings will post -6.62% year-over-year. Quarterly sales are estimated to shrink -19.14% in year-over-year returns.
Theratechnologies Inc (THTX) Top Institutional Holders
50.0 institutions hold shares in Theratechnologies Inc (THTX), with institutional investors hold 50.69% of the company’s shares. The shares outstanding are 45.98M, and float is at 19.10M with Short Float at 6.21%. Institutions hold 50.11% of the Float.
The top institutional shareholder in the company is MAI CAPITAL MANAGEMENT with over 29242.0 shares valued at $40939.0. The investor’s holdings represent 0.0636% of the THTX Shares outstanding.
Theratechnologies Inc (THTX) Insider Activity
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