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Gemini Therapeutics (NASDAQ:GMTX) Trading 3.6% Higher - Still a Buy?

Gemini Therapeutics logo with Medical background

Shares of Gemini Therapeutics, Inc. (NASDAQ:GMTX - Get Free Report) traded up 3.6% on Friday . The company traded as high as $53.30 and last traded at $52.71. 396,554 shares traded hands during trading, an increase of 109% from the average session volume of 189,291 shares. The stock had previously closed at $50.86.

Gemini Therapeutics Stock Down 3.1%

The company has a market cap of $2.25 billion, a P/E ratio of -52.02 and a beta of -0.12. The business has a 50-day moving average price of $46.12 and a two-hundred day moving average price of $53.16.

Gemini Therapeutics Company Profile

(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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