Theratechnologies Inc [NASDAQ: THTX] surged by $0.04 during the normal trading session on previous day and reaching a high of N/A during the day while it closed the day at $2.50.
Theratechnologies Inc stock has also loss -1.96% of its value over the past 7 days. However, THTX stock has inclined by 61.29% in the 3 months of the year. Over the past six months meanwhile, it has gained 64.47% and gained 38.12% year-on date.
The market cap for THTX stock reached $60.50 million, with 45.98 million shares outstanding and 19.12 million shares in the current float. Compared to the average trading volume of 2.98M shares, THTX reached a trading volume of 106405 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Theratechnologies Inc [THTX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for THTX shares is $3.87 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on THTX stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cantor Fitzgerald have made an estimate for Theratechnologies Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on November 17, 2022. While these analysts kept the previous recommendation, Canaccord Genuity dropped their target price from $8 to $3. The new note on the price target was released on July 29, 2021, representing the official price target for Theratechnologies Inc stock.
The Average True Range (ATR) for Theratechnologies Inc is set at 0.10, with the Price to Sales ratio for THTX stock in the period of the last 12 months amounting to 0.68.
THTX stock trade performance evaluation
Theratechnologies Inc [THTX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.96. With this latest performance, THTX shares dropped by -4.21% in over the last four-week period, additionally plugging by 64.47% over the last 6 months – not to mention a rise of 92.31% in the past year of trading.
Theratechnologies Inc [THTX]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Theratechnologies Inc [THTX] shares currently have an operating margin of 13.81% and a Gross Margin at 77.60%. Theratechnologies Inc’s Net Margin is presently recorded at -4.18%.
Return on Equity for this stock declined to -5.77%, with Return on Assets sitting at -5.77%.
Theratechnologies Inc [THTX]: Institutional Ownership
There are presently around $47.70%, or 48.25%% of THTX stock, in the hands of institutional investors. The top three institutional holders of THTX stocks are: SOLEUS CAPITAL MANAGEMENT, L.P. with ownership of 4.8 million shares, which is approximately 9.7269%. AIGH CAPITAL MANAGEMENT LLC, holding 3.73 million shares of the stock with an approximate value of $$5.23 million in THTX stocks shares; and AIGH CAPITAL MANAGEMENT LLC, currently with $$3.76 million in THTX stock with ownership which is approximately 5.4338%.
