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PureTech Health (LON:PRTC) Hits New 1-Year Low - Here's What Happened

PureTech Health logo with Medical background

PureTech Health plc (LON:PRTC - Get Free Report)'s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 134.80 ($1.66) and last traded at GBX 136.40 ($1.68), with a volume of 325557 shares trading hands. The stock had previously closed at GBX 138 ($1.70).

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a "buy" rating and set a GBX 455 ($5.60) target price on shares of PureTech Health in a research report on Monday, December 16th.

Get Our Latest Stock Report on PureTech Health

PureTech Health Price Performance

The stock has a market cap of £326.57 million, a P/E ratio of -593.04 and a beta of 1.02. The business has a 50 day simple moving average of GBX 157.66 and a 200-day simple moving average of GBX 159.51. The company has a debt-to-equity ratio of 47.27, a quick ratio of 2.51 and a current ratio of 3.68.

About PureTech Health

(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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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