Closing Bell: Theratechnologies down on Wednesday (TH)

In market activity today, Theratechnologies opened at $1.88 and closed at $1.80. prices ranged from $1.80 to $1.90.

Share prices decreased -3.23% from the previous day's close of $1.86.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

Theratechnologies has listed on the Toronto Stock Exchange (TSX) under the ticker TH.

Trading volume was 33,365 on 92 total trades, with an average volume of 17,350 over the last 5 days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 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 lost -30.23% in the last 52 weeks, while this year, they have shrunken -15.89%.

Following today's trading, Theratechnologies has a market capitalization of $85.52 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..