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PureTech Health (LON:PRTC) Stock Crosses Below 50 Day Moving Average - Should You Sell?

PureTech Health logo with Medical background

PureTech Health plc (LON:PRTC - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 132.33 ($1.76) and traded as low as GBX 121.80 ($1.62). PureTech Health shares last traded at GBX 132.60 ($1.77), with a volume of 952,515 shares.

PureTech Health Stock Down 1.7 %

The firm's 50 day moving average price is GBX 131.11 and its two-hundred day moving average price is GBX 146.53. The company has a current ratio of 3.68, a quick ratio of 2.51 and a debt-to-equity ratio of 45.82. The company has a market capitalization of £377.28 million, a P/E ratio of -5.15 and a beta of 1.02.

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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