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PureTech Health (LON:PRTC) Shares Up 14.6% - Still a Buy?

PureTech Health logo with Medical background

PureTech Health plc (LON:PRTC - Get Free Report) shares shot up 14.6% on Saturday . The company traded as high as GBX 118 ($1.57) and last traded at GBX 118 ($1.57). 1,623,564 shares traded hands during mid-day trading, an increase of 54% from the average session volume of 1,056,594 shares. The stock had previously closed at GBX 103 ($1.37).

PureTech Health Stock Up 0.8 %

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's 50 day moving average price is GBX 133.04 and its 200-day moving average price is GBX 147.21. The company has a market cap of £370.67 million, a PE ratio of -5.06 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.

Further Reading

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