RUA Life Sciences (LON:RUA) Shares Up 5.9% – What’s Next?

Shares of RUA Life Sciences plc (LON:RUA) traded up 5.9% during trading on Tuesday . The company traded as high as GBX 21.92 and last traded at GBX 20.65. Approximately 193,484 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 237,918 shares. The stock had previously closed at GBX 19.50.

RUA Life Sciences Price Performance

The stock has a market capitalization of £12.82 million, a price-to-earnings ratio of -2.61 and a beta of 0.95. The company has a quick ratio of 7.32, a current ratio of 4.64 and a debt-to-equity ratio of 18.95. The business’s 50 day simple moving average is GBX 20.03 and its 200-day simple moving average is GBX 16.11.

RUA Life Sciences (LON:RUA) last released its earnings results 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%.

About RUA Life Sciences

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.