Shares of PureTech Health plc (LON:PRTC - Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 149.88 ($1.89) and traded as low as GBX 145.80 ($1.84). PureTech Health shares last traded at GBX 146.40 ($1.85), with a volume of 137,820 shares trading hands.
Analysts Set New Price Targets
Separately, Jefferies Financial Group reissued a "buy" rating and set a GBX 455 ($5.75) target price on shares of PureTech Health in a research note on Monday, December 16th.
Read Our Latest Report on PureTech Health
PureTech Health Trading Down 2.7 %
The firm has a market capitalization of £426.54 million, a price-to-earnings ratio of -5.83 and a beta of 1.02. The firm's 50 day moving average is GBX 147.94 and its 200 day moving average is GBX 155.14. The company has a quick ratio of 2.51, a current ratio of 3.68 and a debt-to-equity ratio of 45.82.
PureTech Health Company Profile
(
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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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