PureTech Health (LON:PRTC) Shares Pass Above 50 Day Moving Average of $205.24

Shares of PureTech Health plc (LON:PRTC) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 205.24 ($2.55) and traded as high as GBX 212 ($2.64). PureTech Health shares last traded at GBX 209 ($2.60), with a volume of 230,882 shares.

PureTech Health Stock Down 0.5 %

The business’s 50 day simple moving average is GBX 206.03 and its 200-day simple moving average is GBX 184.87. The company has a debt-to-equity ratio of 25.41, a quick ratio of 2.51 and a current ratio of 7.31. The company has a market cap of £557.45 million, a price-to-earnings ratio of -1,588.46 and a beta of 0.94.

PureTech Health Company Profile

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.