Shares of PureTech Health plc (LON:PRTC - Get Free Report) were down 12.4% during mid-day trading on Thursday . The company traded as low as GBX 100.40 ($1.32) and last traded at GBX 103 ($1.36). Approximately 3,018,245 shares were traded during trading, an increase of 192% from the average daily volume of 1,035,028 shares. The stock had previously closed at GBX 117.60 ($1.55).
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group reissued a "buy" rating and set a GBX 455 ($6.00) target price on shares of PureTech Health in a research note on Monday, December 16th.
Read Our Latest Stock Analysis on PureTech Health
PureTech Health Stock Performance
The business has a fifty day simple moving average of GBX 134.79 and a two-hundred day simple moving average of GBX 147.92. The company has a market cap of £373.67 million, a PE ratio of -5.10 and a beta of 1.02. The company has a debt-to-equity ratio of 45.82, a current ratio of 3.68 and a quick ratio of 2.51.
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.
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