PureTech Health (LON:PRTC) Trading Up 6.3% – Time to Buy?

Shares of PureTech Health plc (LON:PRTCGet Free Report) traded up 6.3% during trading on Monday . The stock traded as high as GBX 127 ($1.68) and last traded at GBX 125.40 ($1.66). Approximately 1,234,305 shares changed hands during mid-day trading, an increase of 17% from the average session volume of 1,059,029 shares. The stock had previously closed at GBX 118 ($1.56).

PureTech Health Price Performance

The stock has a market cap of £367.67 million, a price-to-earnings ratio of -5.02 and a beta of 1.02. The stock’s 50 day moving average price is GBX 134.34 and its two-hundred day moving average price is GBX 147.71. The company has a quick ratio of 2.51, a current ratio of 3.68 and a debt-to-equity ratio of 45.82.

PureTech Health Company Profile

(Get Free Report)

PureTech Health plc, a clinical-stage biopharma company, focuses on developing medicines for diseases caused by dysfunctions in the nervous, gastrointestinal, and immune systems. The company is developing a microbiome immune system drug-discovery platform and drug candidates for immune-mediated diseases; and products to induce weight loss and enhance glycaemic control through an orally administered capsule.

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