PureTech Health (PRTC) Reaches New 1-Year High at $189.50

Shares of PureTech Health plc (LON:PRTC) hit a new 52-week high on Wednesday . The company traded as high as GBX 189.50 ($2.48) and last traded at GBX 181.75 ($2.37), with a volume of 160682 shares traded. The stock had previously closed at GBX 180 ($2.35).

PRTC has been the topic of several analyst reports. Peel Hunt reaffirmed a “buy” rating on shares of PureTech Health in a research note on Monday, March 18th. Liberum Capital restated a “buy” rating on shares of PureTech Health in a research report on Monday, March 18th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 255 ($3.33) price target on shares of PureTech Health in a research report on Thursday, March 7th.

The company has a debt-to-equity ratio of 5.73, a current ratio of 0.97 and a quick ratio of 0.94. The stock has a market capitalization of $532.56 million and a PE ratio of 7.04.

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PureTech Health Company Profile (LON:PRTC)

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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