RUA Life Sciences (LON:RUA) Reaches New 52-Week High – Here’s Why

RUA Life Sciences plc (LON:RUAGet Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 28.90 and last traded at GBX 27.90, with a volume of 321564 shares traded. The stock had previously closed at GBX 24.50.

RUA Life Sciences Stock Up 13.9%

The business’s fifty day moving average price is GBX 21.51 and its 200 day moving average price is GBX 18.04. The firm has a market capitalization of £17.31 million, a price-to-earnings ratio of -2.61 and a beta of 0.95. The company has a current ratio of 4.64, a quick ratio of 7.32 and a debt-to-equity ratio of 18.95.

RUA Life Sciences (LON:RUAGet Free Report) last posted its quarterly earnings data on Tuesday, June 30th. The company reported GBX (0.33) EPS for the quarter. RUA Life Sciences had a negative net margin of 3.26% and a negative return on equity of 2.03%.

RUA Life Sciences Company Profile

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The RUA Life Sciences group was created in April 2020 when AorTech International plc acquired RUA Medical Devices Ltd to create a fully formed medical device business. RUA Life Sciences is the holding company of the group trading through four businesses all exploiting the group’s polymer technology. Our vision is to improve the lives of millions of patients by improving and enabling medical devices with Elast-EonTM, the worlds leading long term implantable polyurethane.

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