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PureTech Health (LON:PRTC) Stock Price Passes Below Fifty Day Moving Average - Here's Why

PureTech Health logo with Medical background

PureTech Health plc (LON:PRTC - Get Free Report)'s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 132.33 ($1.78) and traded as low as GBX 121.80 ($1.64). PureTech Health shares last traded at GBX 132.60 ($1.78), with a volume of 952,515 shares changing hands.

PureTech Health Trading Down 0.6 %

The business's 50-day moving average is GBX 130.69 and its two-hundred day moving average is GBX 146.29. The company has a debt-to-equity ratio of 45.82, a quick ratio of 2.51 and a current ratio of 3.68. The stock has a market capitalization of £374.88 million, a PE ratio of -5.12 and a beta of 1.02.

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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