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PureTech Health (LON:PRTC) Share Price Crosses Above 50-Day Moving Average - Should You Sell?

PureTech Health logo with Medical background

PureTech Health plc (LON:PRTC - Get Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 128.35 ($1.74) and traded as high as GBX 140.80 ($1.90). PureTech Health shares last traded at GBX 140.80 ($1.90), with a volume of 208,416 shares trading hands.

PureTech Health Stock Performance

The company has a current ratio of 3.68, a quick ratio of 2.51 and a debt-to-equity ratio of 45.82. The firm's 50 day simple moving average is GBX 127.98 and its 200 day simple moving average is GBX 140.99. The firm has a market cap of £417.53 million, a PE ratio of -5.70 and a beta of 1.02.

PureTech Health Company Profile

(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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