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PureTech Health (LON:PRTC) Trading 14.6% Higher - Here's What Happened

PureTech Health logo with Medical background

PureTech Health plc (LON:PRTC - Get Free Report) shares rose 14.6% on Saturday . The stock traded as high as GBX 118 ($1.56) and last traded at GBX 118 ($1.56). Approximately 1,623,564 shares were traded during trading, an increase of 54% from the average daily volume of 1,056,594 shares. The stock had previously closed at GBX 103 ($1.36).

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 has a market cap of £373.67 million, a PE ratio of -5.10 and a beta of 1.02. The firm's 50 day simple moving average is GBX 133.90 and its 200 day simple moving average is GBX 147.53.

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.

Further Reading

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