PureTech Health (NASDAQ:PRTC) Trading Down 5.9%

PureTech Health plc (NASDAQ:PRTC - Get Free Report) shares fell 5.9% on Friday . The company traded as low as $27.91 and last traded at $27.96. 4,573 shares traded hands during trading, an increase of 2% from the average session volume of 4,481 shares. The stock had previously closed at $29.70.

PureTech Health Stock Performance

The business's 50 day moving average is $25.86 and its two-hundred day moving average is $23.42.

Institutional Trading of PureTech Health

An institutional investor recently raised its position in PureTech Health stock. Jane Street Group LLC boosted its stake in PureTech Health plc (NASDAQ:PRTC - Free Report) by 15.5% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,632 shares of the company's stock after purchasing an additional 1,289 shares during the quarter. Jane Street Group LLC's holdings in PureTech Health were worth $263,000 as of its most recent SEC filing. Institutional investors own 0.04% of the company's stock.

PureTech Health Company Profile

(Get Free Report)

PureTech Health plc, a clinical stage biotherapeutics company, engages in the discovery, development, and commercialization of biotechnology and pharmaceutical solutions in the United States. The company is developing LYT-100, currently under Phase 3 stage, to treat idiopathic pulmonary fibrosis (IPF); and LYT-200, a IgG4 monoclonal antibody, currently under Phase 1/2 stage, to inhibit the activity of galectin-9 for treating solid tumors and hematological malignancies.

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