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PureTech Health (LON:PRTC) Trading Up 6.3% - Here's Why

PureTech Health logo with Medical background

PureTech Health plc (LON:PRTC - Get Free Report) shares were up 6.3% during trading on Tuesday . The stock traded as high as GBX 127 ($1.69) and last traded at GBX 125.40 ($1.67). Approximately 1,234,305 shares changed hands during trading, an increase of 17% from the average daily volume of 1,059,029 shares. The stock had previously closed at GBX 118 ($1.57).

PureTech Health Price Performance

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 stock has a market cap of £370.67 million, a P/E ratio of -5.06 and a beta of 1.02. The business has a 50-day simple moving average of GBX 133.04 and a 200 day simple moving average of GBX 147.21.

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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