PureTech Health (NASDAQ:PRTC) Shares Gap Down to $24.32

PureTech Health plc (NASDAQ:PRTC) shares gapped down prior to trading on Thursday . The stock had previously closed at $24.32, but opened at $23.59. PureTech Health shares last traded at $23.59, with a volume of 369 shares.

PureTech Health Price Performance

The business has a 50-day simple moving average of $27.50 and a two-hundred day simple moving average of $26.48.

Institutional Investors Weigh In On PureTech Health

An institutional investor recently bought a new position in PureTech Health stock. AWM Investment Company Inc. acquired a new stake in shares of PureTech Health plc (NASDAQ:PRTC) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 6,900 shares of the company’s stock, valued at approximately $197,000. 0.04% of the stock is owned by hedge funds and other institutional investors.

PureTech Health Company Profile

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