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Closing Bell: Theratechnologies down on Friday (TH)

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

Theratechnologies opened trading today at $1.96 and closed at $1.89. Intraday prices ranged from $1.85 to $1.96.

Share prices eased -3.57 percent from the previous day's close of $1.96.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

Trading volume was 20,560 on 104 total trades. On average, Theratechnologies has traded 16,256 shares over 5 days and 27,802 year-to-date.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 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 -34.15 percent in the last 12 months, while they have dipped -11.68% this year.

Following today's trading, Theratechnologies has a market capitalization of $90.12 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.

Currently, Theratechnologies has an average recommendation of "Moderate Buy" based on 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..