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Gemini Therapeutics (NASDAQ:GMTX) Trading Down 2.4% - Here's Why

Gemini Therapeutics logo with Medical background

Gemini Therapeutics, Inc. (NASDAQ:GMTX - Get Free Report) was down 2.4% on Thursday . The company traded as low as $48.21 and last traded at $48.89. Approximately 264,595 shares changed hands during trading, an increase of 40% from the average daily volume of 189,291 shares. The stock had previously closed at $50.08.

Gemini Therapeutics Trading Down 3.1%

The company has a market capitalization of $1.99 billion, a PE ratio of -45.88 and a beta of -0.12. The company has a fifty day simple moving average of $45.48 and a 200-day simple moving average of $54.51.

About Gemini Therapeutics

(Get Free Report)

Gemini Therapeutics, Inc, a clinical stage precision medicine company, engages in developing various therapeutic compounds for treating genetically defined age-related macular degeneration (AMD). Its lead candidate is GEM103, a recombinant form of the human complement factor H protein to treat dry AMD patients.

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