PureTech Health (NASDAQ:PRTC) Shares Gap Down to $28.51

PureTech Health plc (NASDAQ:PRTCGet Free Report)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $28.51, but opened at $27.11. PureTech Health shares last traded at $28.68, with a volume of 3,025 shares traded.

PureTech Health Stock Performance

The firm’s 50-day simple moving average is $27.55 and its two-hundred day simple moving average is $24.46.

Institutional Investors Weigh In On PureTech Health

An institutional investor recently bought a new position in PureTech Health stock. AWM Investment Company Inc. purchased a new stake in shares of PureTech Health plc (NASDAQ:PRTCFree Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 6,900 shares of the company’s stock, valued at approximately $197,000. 0.04% of the stock is currently owned by institutional investors and hedge funds.

PureTech Health Company Profile

(Get Free Report)

PureTech Health plc, a clinical stage biotherapeutics company, engages in the discovery, development, and commercialization of biotechnology and pharmaceutical solutions in the United States. The company is developing LYT-100, currently under Phase 3 stage, to treat idiopathic pulmonary fibrosis (IPF); and LYT-200, a IgG4 monoclonal antibody, currently under Phase 1/2 stage, to inhibit the activity of galectin-9 for treating solid tumors and hematological malignancies.

Further Reading

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