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PureTech Health (LON:PRTC) Stock Price Up 6.3% - Here's What Happened

PureTech Health logo with Medical background

PureTech Health plc (LON:PRTC - Get Free Report) shares rose 6.3% during trading on Monday . 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 mid-day 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 Stock Performance

The business has a 50-day moving average of GBX 133.04 and a two-hundred day moving average of GBX 147.24. The company has a debt-to-equity ratio of 45.82, a current ratio of 3.68 and a quick ratio of 2.51. The company has a market cap of £370.67 million, a P/E ratio of -5.06 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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