PureTech Health (LON:PRTC) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

PureTech Health plc (LON:PRTCGet Free Report)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 153.73 ($2.00) and traded as high as GBX 155.58 ($2.02). PureTech Health shares last traded at GBX 151.20 ($1.96), with a volume of 421,616 shares traded.

PureTech Health Stock Performance

The business’s fifty day simple moving average is GBX 153.73 and its 200-day simple moving average is GBX 184.98. The company has a current ratio of 3.68, a quick ratio of 2.51 and a debt-to-equity ratio of 47.27. The firm has a market cap of £362.00 million, a P/E ratio of -657.39 and a beta of 1.02.

About PureTech Health

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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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