RUA Life Sciences (LON:RUA) Sets New 12-Month High – Time to Buy?

RUA Life Sciences plc (LON:RUA – Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday. The company traded as high as GBX 31 and last traded at GBX 29.15, with a volume of 258,327 shares changing hands. The stock had previously closed at GBX 30.

RUA Life Sciences Price Performance

The business’s 50 day moving average price is GBX 27.79 and its 200-day moving average price is GBX 22.63. The company has a quick ratio of 7.32, a current ratio of 4.64 and a debt-to-equity ratio of 18.95. The company has a market cap of £17.44 million, a PE ratio of -2.61 and a beta of 0.99.

RUA Life Sciences Company Profile

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The RUA Life Sciences group was created in April 2020 when AorTech International plc acquired RUA Medical Devices Ltd to create a fully formed medical device business. RUA Life Sciences is the holding company of the group trading through four businesses all exploiting the group’s polymer technology. Our vision is to improve the lives of millions of patients by improving and enabling medical devices with Elast-EonTM, the worlds leading long term implantable polyurethane.

Further Reading

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