Theratechnologies Inc (NASDAQ: THTX) is 127.24% higher on its value in year-to-date trading and has touched a low of $1.12 and a high of $3.20 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 $3.2 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $3.17, the stock is 25.17% and 20.99% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.94 million and changing -0.94% at the moment leaves the stock 74.95% off its SMA200. THTX registered 75.14% gain for a year compared to 6-month gain of 75.14%. The firm has a 50-day simple moving average (SMA 50) of $2.6202 and a 200-day simple moving average (SMA200) of $1.8123.
The stock witnessed a 20.08% loss in the last 1 month and extending the period to 3 months gives it a 124.82%, and is 34.89% 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 3.25% over the week and 3.68% over the month.
Theratechnologies Inc (THTX) has around 105 employees, a market worth around $145.76M and $88.67M in sales. Fwd P/E is 11.12. Profit margin for the company is -4.18%. Distance from 52-week low is 183.04% and -0.94% 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 156.68% 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
49.0 institutions hold shares in Theratechnologies Inc (THTX), with institutional investors hold 48.23% of the company’s shares. The shares outstanding are 45.98M, and float is at 36.33M with Short Float at 0.66%. Institutions hold 47.68% of the Float.
The top institutional shareholder in the company is SOLEUS CAPITAL MANAGEMENT, L.P. with over 4.8 million shares valued at $6.72 million. The investor’s holdings represent 9.7269% of the THTX Shares outstanding. As of 2024-06-30, the second largest holder is AIGH CAPITAL MANAGEMENT LLC with 3.73 million shares valued at $5.23 million to account for 7.5467 of the shares outstanding. The other top investors are NANTAHALA CAPITAL MANAGEMENT, LLC which holds 2.68 million shares representing 5.4338% and valued at over $3.76 million, while MORGAN STANLEY holds 4.5627 of the shares totaling 2.25 million with a market value of $3.15 million.
