Closing Bell: Theratechnologies down on Thursday (TH)

Theratechnologies opened trading today at $1.99 and closed at $2.00. Intraday prices ranged from $1.95 to $2.03.

Share prices dipped -0.50% from the previous day's close of $2.01.

Today across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

Theratechnologies traded under TH on the Toronto Stock Exchange (TSX).

A total of 13,225 shares was traded during the session, with total trades of 73, with an average volume of 19,216 in the last five days.

The TSX market on the whole today saw 3,490 price advancers against 1,736 declines and 92 unchanged.

During the prior 52 weeks, TH.TO has traded as high as $4.45 (September 12,2023) and low as $1.22 (September 01,2023). Moreover, the shares have shrunken -40.48% in 52 weeks, while they have eased -6.54% year-to-date.

Following today's trading, Theratechnologies has a market capitalization of $92.42 million on a float of 45,980 shares outstanding. Its annual EPS is $-0.13.

Theratechnologies is a TSX Biotechnology company headquartered in Montreal, CAN.

Theratechnologies is holding an average recommendation of "Moderate Buy" from 3.00 analysts according to Zacks. From those 3 analysts, 2 have buy ratings and 1 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..