PureTech Health plc (LON:PRTC – Get Free Report) insider Kiran Mazumdar Shaw bought 93,944 shares of the firm’s stock in a transaction on Wednesday, July 29th. The shares were bought at an average cost of GBX 1 per share, with a total value of £939.44.
PureTech Health Stock Performance
PRTC stock traded down GBX 0.48 during midday trading on Friday, hitting GBX 119.12. 512,639 shares of the company traded hands, compared to its average volume of 1,072,302. PureTech Health plc has a twelve month low of GBX 104.71 and a twelve month high of GBX 146.40. The company has a quick ratio of 2.51, a current ratio of 6.59 and a debt-to-equity ratio of 6.33. The business has a 50 day simple moving average of GBX 127.71 and a 200-day simple moving average of GBX 126.71. The stock has a market capitalization of £289.96 million, a price-to-earnings ratio of -2.59 and a beta of 0.79.
Analyst Upgrades and Downgrades
Separately, Peel Hunt reaffirmed a “buy” rating and set a GBX 508 price objective on shares of PureTech Health in a report on Monday, July 13th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, PureTech Health has an average rating of “Buy” and a consensus price target of GBX 508.
PureTech Health Company Profile
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. It is also developing technology and products for screening, diagnosis, and treatment of neurological disorders, such as ADHD, autism, and depression through computer software; noninvasive neurostimulation treatment for psychiatric disorders; and combination therapy for schizophrenia.
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