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Gemini Therapeutics (NASDAQ:GMTX) Trading Down 1.9% - Here's What Happened

Gemini Therapeutics logo with Medical background

Gemini Therapeutics, Inc. (NASDAQ:GMTX - Get Free Report)'s stock price traded down 1.9% during trading on Monday . The company traded as low as $56.22 and last traded at $56.91. 275,330 shares traded hands during trading, an increase of 45% from the average session volume of 189,291 shares. The stock had previously closed at $58.00.

Gemini Therapeutics Price Performance

The company has a market cap of $2.50 billion, a price-to-earnings ratio of -57.79 and a beta of -0.12. The business's fifty day moving average price is $50.78 and its 200 day moving average price is $51.64.

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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