Therma Bright Inc (THRM) Stock Price Prediction 2024

Therma Bright Inc is a company situated in Canada that operates in the medical sector. Their primary business is to develop medical products like medical devices. With their groundbreaking products that have concreted a strong place in the medical device manufacturing sector. Benepod, Intercept CS are some of the most popular products of the company. The company operates on the Toronto Stock Exchange under the symbol THRM.

This post is to enlighten our readers about Therma Bright Inc (THRM) Stock Price Prediction for the future years starting from 2024 and all the way up to 2045.

Table of Contents

Therma Bright Inc (THRM) Stock Price Prediction 2024 – 2045

In this following table we’ll have our main enlightenment get done by taking a peek at the upcoming (predicted) share price of the company.

Therma Bright Inc (THRM) Stock Price Prediction	Price in CAD
Therma Bright Inc (THRM) Stock Price Prediction 2024	0.095
Therma Bright Inc (THRM) Stock Price Prediction 2025	0.103
Therma Bright Inc (THRM) Stock Price Prediction 2026	0.111
Therma Bright Inc (THRM) Stock Price Prediction 2027	0.120
Therma Bright Inc (THRM) Stock Price Prediction 2028	0.129
Therma Bright Inc (THRM) Stock Price Prediction 2029	0.140
Therma Bright Inc (THRM) Stock Price Prediction 2030	0.151
Therma Bright Inc (THRM) Stock Price Prediction 2035	0.222
Therma Bright Inc (THRM) Stock Price Prediction 2040	0.325
Therma Bright Inc (THRM) Stock Price Prediction 2045	0.478

The current market price of Therma Bright Inc (THRM) is 0.085 as of the fresh market data. The stock has seen a growth of 240% in this month so far and for any company’s share price, this growth is “out of the world”.

Month	Share price in CAD
January	0.097
February	0.096
March	0.097
April	0.095
May	0.097
June	0.102
July	0.099
August	0.102
September	0.101
October	0.104
November	0.102
December	0.103

Therma Bright Inc (THRM) Stock Price Prediction 2025

The average price of the stock of Therma Bright Inc (THRM) for 2025 will be CAD 0.099, with a high forecast of CAD 0.103, and a lower forecast of CAD 0.096.

Month	Share price in CAD
January	0.097
February	0.096
March	0.097
April	0.095
May	0.097
June	0.102
July	0.099
August	0.102
September	0.101
October	0.104
November	0.102
December	0.103

Therma Bright Inc (THRM) Stock Price Prediction 2026

The average price of the stock of Therma Bright Inc (THRM) for 2026 will be CAD 0.107, with a high forecast of CAD 0.111, and a lower forecast of CAD 0.103.

Month	Share price in CAD
January	0.104
February	0.104
March	0.105
April	0.105
May	0.104
June	0.106
July	0.107
August	0.110
September	0.109
October	0.109
November	0.110
December	0.111

Therma Bright Inc (THRM) Stock Price Prediction 2027

The average price of the stock of Therma Bright Inc (THRM) for 2027 will be CAD 0.116, with a high forecast of CAD 0.120, and a lower forecast of CAD 0.112.

Month	Share price in CAD
January	0.112
February	0.114
March	0.113
April	0.114
May	0.114
June	0.115
July	0.114
August	0.117
September	0.117
October	0.118
November	0.119
December	0.120

Therma Bright Inc (THRM) Stock Price Prediction 2028

The average price of the stock of Therma Bright Inc (THRM) for 2028 will be CAD 0.125, with a high forecast of CAD 0.129, and a lower forecast of CAD 0.120.

Month	Share price in CAD
January	0.120
February	0.119
March	0.122
April	0.123
May	0.124
June	0.124
July	0.125
August	0.126
September	0.130
October	0.128
November	0.127
December	0.129

Therma Bright Inc (THRM) Stock Price Prediction 2029

The average price of the stock of Therma Bright Inc (THRM) for 2029 will be CAD 0.135, with a high forecast of CAD 0.140, and a lower forecast of CAD 0.130.

Month	Share price in CAD
January	0.130
February	0.131
March	0.132
April	0.133
May	0.133
June	0.134
July	0.135
August	0.136
September	0.137
October	0.138
November	0.139
December	0.140

Therma Bright Inc (THRM) Stock Price Prediction 2030

The average price of the stock of Therma Bright Inc (THRM) for 2030 will be CAD 0.146, with a high forecast of CAD 0.151, and a lower forecast of CAD 0.140.

Month	Share price in CAD
January	0.140
February	0.141
March	0.142
April	0.143
May	0.144
June	0.145
July	0.146
August	0.147
September	0.148
October	0.149
November	0.150
December	0.151

Therma Bright Inc (THRM) Stock Price Prediction 2035

The average price of the stock of Therma Bright Inc (THRM) for 2035 will be CAD 0.214, with a high forecast of CAD 0.222, and a lower forecast of CAD 0.206.

Month	Share price in CAD
January	0.206
February	0.208
March	0.209
April	0.210
May	0.212
June	0.213
July	0.215
August	0.216
September	0.217
October	0.219
November	0.220
December	0.222

Therma Bright Inc (THRM) Stock Price Prediction 2040

The average price of the stock of Therma Bright Inc (THRM) for 2040 will be CAD 0.314, with a high forecast of CAD 0.325, and a lower forecast of CAD 0.303.

Month	Share price in CAD
January	0.303
February	0.305
March	0.307
April	0.309
May	0.311
June	0.313
July	0.315
August	0.317
September	0.319
October	0.321
November	0.323
December	0.325

Therma Bright Inc (THRM) Stock Price Prediction 2045

The average price of the stock of Therma Bright Inc (THRM) for 2045 will be CAD 0.462, with a high forecast of CAD 0.478, and a lower forecast of CAD 0.446.

Month	Share price in CAD
January	0.446
February	0.449
March	0.451
April	0.454
May	0.457
June	0.460
July	0.463
August	0.466
September	0.469
October	0.472
November	0.475
December	0.478

Past year price of Therma Bright Inc (THRM):

Therma Bright Inc (TSX: THRM) Stock Price 2014

Therma Bright Inc (TSX: THRM) Started its journey at the value of 0.04 Canadian Dollars in January 2014. At 0.005 CAD the stock had a strong resistance, which is technically the least the stock could go for. In December 2014, the stock closed at the value of 0.035 CAD.

Therma Bright Inc (TSX: THRM) Stock Price 2015

In the year 2015, the stock touched its resistance of 0.040 multiple times, the first one being in January and another time in April. The stock price also touched its support of 0.005 CAD in 3 consecutive months from June – August. The closing price of Therma Bright Inc for 2015 was 0.010 CAD.

Therma Bright Inc (TSX: THRM) Stock Price 2016

For the first 10 months of the year, the shares of Therma Bright Inc was a sidewest friend and moved between just 0.005 CAD and 0.0 15 CAD. In November 2016 the stock finally kicked off from its sideways trend and took a mighty jump off 300%. It again rose 25% to close at 0.025 CAD.

Therma Bright Inc (TSX: THRM) Stock Price 2017

The stock opened at the price of 0.2025 CAD in the year 2017. In the next month the stock price soot up by 260% but for the next three months the stock price went on a down trend and again in September, the stock price shot up by 56% almost before ending the year at the value of 0.080 CAD.

Therma Bright Inc (TSX: THRM) Stock Price 2018

Therma Bright Inc was in a clear–cut downtrend all through 2018 with just 3 month’s closing price in positive. The company’s shares lost almost 70% value from the time between January and December when the share closed at the value of 0.025 CAD.

Therma Bright Inc (TSX: THRM) Stock Price 2019

There were some noticeable price movements in the company’s share price in 2019. After opening at the value of 0.020 CAD in January, the stocks touched the year’s high in April and May as they hit the value of 0.045. Unfortunately in August the stock declined 40% before closing at 0.015 CAD in December.

Therma Bright Inc (TSX: THRM) Stock Price 2020

The condition of the shares of TSX THRM and their prices were miserable in 2020 as the company re-hit the lowest possible share price of 0.005 CAD every month from February to April. However, things took a complete turn in July as the share price grew 640% (bonus shares were issued). The closing price of THRM in 2020 was 0.075 CAD.

Therma Bright Inc (TSX: THRM) Stock Price 2021

Except January 2021 the stock was mostly in a sideways momentum, however there were sharp price hikes and price dips. For example in February the stock price crashed by 32%, in March it rose by 46%, likewise. But all through the year the stock price first within a specific range. The closing price was 0.410 CAD.

Therma Bright Inc (TSX: THRM) Stock Price 2022 & 2023

For 2022 the trend was mostly a down trend. And for 2023 it was a mixture of sideways and downtrend.However the opening price for both years were 0.435 and 0.065 CAD and the closing price were 0.060 and 0.025 CAD respectively.

Therma Bright Inc (THRM) Stock Price (Historical)	Predicted Price
Therma Bright Inc (THRM) share price prediction 2014	0.035 CAD
Therma Bright Inc (THRM) share price prediction 2015	0.010 CAD
Therma Bright Inc (THRM) share price prediction 2016	0.025 CAD
Therma Bright Inc (THRM) share price prediction 2017	0.080 CAD
Therma Bright Inc (THRM) share price prediction 2018	0.025 CAD
Therma Bright Inc (THRM) share price prediction 2019	0.015 CAD
Therma Bright Inc (THRM) share price prediction 2020	0.075 CAD
Therma Bright Inc (THRM) share price prediction 2021	0.410 CAD
Therma Bright Inc (THRM) share price prediction 2022	0.060 CAD
Therma Bright Inc (THRM) share price prediction 2023	0.025 CAD

Technical analysis of Therma Bright Inc (THRM)

Chart and trend analysis

2024 has been an interesting year for the share price of Therma Bright Inc (THRM). Because for this year the price difference between the highest point and the lowest point of this year has been almost 2000%. Currently the shares of THRM is in an extremely bullish momentum.

Indicator analysis:

The exponential moving average (10) value of the stock on daily timeframe is 0.067, simple moving average (10) is 0.067 – both indicating a “buy” call. However the value of Relative strength index (RSI 14) is 79.775 which is indicating a “sell” call – So the signals on daily time frame are still mixed.

Fundamental analysis of Therma Bright Inc (THRM)

Overview and P/E:

With a market capitalization of 26.85 million Canadian dollars the company is currently not in an extremely good position. Due to not having any positive cash flow in the company the company has no P/E ratio.

Performance:

The company was at its 5 year worst in 2021 as the net income stood at -8.61 M CAD. In the subsequent years the net income improved but didn’t go positive till now – for 2023 the net income figures were at -3.77 M CAD.

Disclaimer:

The stock price predictions written all through this post are here just for reference and NOT financial advice. Since markets can change quickly, make sure to do your own research and talk to a financial expert before investing.

FAQ

In which year was Therma Bright Inc. founded?

Therma Bright Inc. was founded in 2001.

Hilda J. Condit

Welcome to PredictTorontoStocks! I’m Hilda J. Condit, a seasoned finance professional with a passion for the stock market and a deep-rooted connection to the Toronto Stock Exchange (TSX). With a Bachelor’s degree in Finance and specialized training from CSI Global Education’s Canadian Securities Course (CSC), I bring years of experience and expertise to the world of investment.

Over the years, I have had the privilege of working closely with the TSX, gaining valuable insights and building strong relationships with a diverse range of clients across Canada. My career has been dedicated to providing tailored investment advice and helping individuals and institutions navigate the complexities of the stock market.

In launching PredictTorontoStocks, my goal is to share my knowledge and offer precise stock price predictions to empower investors in making informed decisions. Drawing on my extensive experience and analytical skills, I am committed to delivering accurate forecasts and valuable insights that can help you achieve your investment goals.

Thank you for joining me on this journey. I look forward to contributing to your success in the dynamic world of Toronto stocks.