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PureTech Health (LON:PRTC) Stock Crosses Above Fifty Day Moving Average - What's Next?

PureTech Health logo with Medical background

PureTech Health plc (LON:PRTC - Get Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 128.28 ($1.74) and traded as high as GBX 145.60 ($1.97). PureTech Health shares last traded at GBX 144.40 ($1.96), with a volume of 220,660 shares trading hands.

PureTech Health Price Performance

The company's 50 day moving average price is GBX 128.86 and its 200-day moving average price is GBX 139.93. The company has a market capitalization of £423.54 million, a PE ratio of -5.78 and a beta of 1.02. The company has a current ratio of 3.68, a quick ratio of 2.51 and a debt-to-equity ratio of 45.82.

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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