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PureTech Health (LON:PRTC) Sets New 12-Month Low - Time to Sell?

PureTech Health logo with Medical background

PureTech Health plc (LON:PRTC - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 138 ($1.70) and last traded at GBX 143 ($1.76), with a volume of 1221521 shares trading hands. The stock had previously closed at GBX 140 ($1.72).

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Report on PureTech Health

PureTech Health Stock Up 2.1 %

The company has a debt-to-equity ratio of 47.27, a current ratio of 3.68 and a quick ratio of 2.51. The company has a market capitalization of £342.37 million, a PE ratio of -621.74 and a beta of 1.02. The business's 50 day simple moving average is GBX 161.30 and its 200 day simple moving average is GBX 162.91.

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

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