Closing Bell: Theratechnologies down on Wednesday (TH)

In today's trading, Theratechnologies opened at $2.25 and closed at $2.01. Intraday prices ranged from $2.00 to $2.28.

The price decreased -4.29% from the previous day's close of $2.10.

During the day across North America, the TSX Composite closed 1.40% at 22350.23, the S&P 500 closed 0.07% at 5576.98, the Dow Jones Industrial Average closed -0.13% at 39291.97 and the Nasdaq Composite closed 0.14% at 18429.29.

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

Trading volume was 66,362 on 204 total trades. On average, Theratechnologies has traded 25,362 shares in the last five days and 28,822 year-to-date.

The TSX overall saw 3,274 price advancers against 1,962 declines and 102 unchanged.

During the prior 52 weeks, TH.TO has traded as high as $5.04 (July 11,2023) and low as $1.22 (September 01,2023). Moreover, the shares have shrunken -57.77 percent in the last 52 weeks, while they have eased -6.07% year-to-date.

Following today's trading, Theratechnologies has a market capitalization of $96.56 million on a float of 45,980 shares outstanding. Its annual EPS is $-0.58.

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. Currently, there are 2 buy ratings and 1 hold ratings for the stock.

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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..