Shares of PureTech Health plc (LON:PRTC - Get Free Report) fell 15.2% on Wednesday . The stock traded as low as GBX 117.20 ($1.53) and last traded at GBX 117.20 ($1.53). 42,764,352 shares were traded during mid-day trading, an increase of 2,645% from the average session volume of 1,557,904 shares. The stock had previously closed at GBX 138.20 ($1.81).
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group reissued a "buy" rating and set a GBX 455 ($5.95) price objective on shares of PureTech Health in a research report on Monday, December 16th.
Check Out Our Latest Analysis on PRTC
PureTech Health Stock Up 6.6 %
The company has a quick ratio of 2.51, a current ratio of 3.68 and a debt-to-equity ratio of 45.82. The stock has a market capitalization of £377.88 million, a PE ratio of -5.16 and a beta of 1.02. The company's fifty day moving average price is GBX 135.24 and its 200-day moving average price is GBX 148.09.
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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