PureTech Health (LON:PRTC) Trading Down 15.2% – Should You Sell?

PureTech Health plc (LON:PRTCGet Free Report) traded down 15.2% during mid-day trading on Tuesday . The company traded as low as GBX 117.20 ($1.49) and last traded at GBX 117.20 ($1.49). 42,764,352 shares traded hands during trading, an increase of 2,645% from the average session volume of 1,557,904 shares. The stock had previously closed at GBX 138.20 ($1.76).

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 455 ($5.79) price objective on shares of PureTech Health in a research report on Monday, December 16th.

Check Out Our Latest Stock Report on PureTech Health

PureTech Health Trading Down 15.2 %

The firm has a 50 day moving average of GBX 139.76 and a 200 day moving average of GBX 149.53. The firm has a market cap of £352.05 million, a PE ratio of -4.81 and a beta of 1.02. The company has a quick ratio of 2.51, a current ratio of 3.68 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.

Recommended Stories

Receive News & Ratings for PureTech Health Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PureTech Health and related companies with MarketBeat.com's FREE daily email newsletter.