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PureTech Health (LON:PRTC) Trading 6.3% Higher - Time to Buy?

PureTech Health logo with Medical background

PureTech Health plc (LON:PRTC - Get Free Report)'s share price was up 6.3% during mid-day trading on Monday . The company traded as high as GBX 127 ($1.69) and last traded at GBX 125.40 ($1.67). Approximately 1,234,305 shares changed hands during trading, an increase of 17% from the average daily volume of 1,059,029 shares. The stock had previously closed at GBX 118 ($1.57).

PureTech Health Trading Up 0.8 %

The company has a market cap of £370.67 million, a price-to-earnings ratio of -5.06 and a beta of 1.02. The firm has a fifty day moving average price of GBX 133.04 and a 200 day moving average price of GBX 147.24. The company has a debt-to-equity ratio of 45.82, a quick ratio of 2.51 and a current ratio of 3.68.

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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