Gemini Therapeutics (NASDAQ:GMTX) Sets New 52-Week High – Time to Buy?

Gemini Therapeutics, Inc. (NASDAQ:GMTXGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $66.89 and last traded at $64.66, with a volume of 245735 shares. The stock had previously closed at $64.82.

Gemini Therapeutics Price Performance

The stock has a 50 day moving average of $55.94 and a two-hundred day moving average of $48.84. The stock has a market capitalization of $2.92 billion, a PE ratio of -67.47 and a beta of -0.12.

About Gemini Therapeutics

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Gemini Therapeutics, Inc, a clinical stage precision medicine company, engages in developing various therapeutic compounds for treating genetically defined age-related macular degeneration (AMD). Its lead candidate is GEM103, a recombinant form of the human complement factor H protein to treat dry AMD patients.

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