PureTech Health (NASDAQ:PRTC) Shares Gap Up to $22.45

Market Beat
2024.08.26 18:33
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PureTech Health plc (NASDAQ:PRTC) shares gapped up to .45 before the market opened on Monday, rising from a previous close of .06. The stock last traded at .00 with a volume of 2,101 shares. Birch Hill Investment Advisors LLC recently acquired 302,000 shares in the company, valued at approximately $550,000. PureTech Health develops biopharmaceutical solutions and is currently advancing two products in clinical trials for treating serious health conditions.

PureTech Health plc (NASDAQ:PRTC - Get Free Report)'s share price gapped up before the market opened on Monday . The stock had previously closed at $22.45, but opened at $23.06. PureTech Health shares last traded at $24.00, with a volume of 2,101 shares.

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PureTech Health Price Performance

The stock has a fifty day moving average price of $23.20 and a two-hundred day moving average price of $25.86.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in PureTech Health stock. Birch Hill Investment Advisors LLC bought a new position in shares of PureTech Health plc (NASDAQ:PRTC - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 302,000 shares of the company's stock, valued at approximately $7,550,000. Birch Hill Investment Advisors LLC owned about 1.26% of PureTech Health as of its most recent filing with the Securities and Exchange Commission (SEC). 0.04% of the stock is owned by institutional investors and hedge funds.

About PureTech Health

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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.

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