PureTech Health (PRTC)

Sector:

Pharma and Biotech

Index:

FTSE 250

227.00p
   
  • Change Today:
      7.00p
  • 52 Week High: 241.50
  • 52 Week Low: 140.40
  • Currency: UK Pounds
  • Shares Issued: 270.41m
  • Volume: 393,009
  • Market Cap: £613.84m

PureTech sells shares in Karuna affiliate for $200m

By Frank Prenesti

Date: Thursday 23 Jan 2020

LONDON (ShareCast) - (Sharecast News) - Clinical stage biotech company PureTech Health said it had sold 2.1m shares of its affiliate Karuna Therapeutics for $200m.
PureTech Health said it intended to use the cash to fund operations and advance its clinical stage, wholly-owned pipeline.

The company on Thursday said it would still hold a 20.4% stake in Karuna's and a right to royalty payments on net sales of any commercialised product covered by a license granted by PureTech to Karuna.

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PRTC Market Data

Currency UK Pounds
Share Price 227.00p
Change Today 7.00p
% Change 3.18 %
52 Week High 241.50
52 Week Low 140.40
Volume 393,009
Shares Issued 270.41m
Market Cap £613.84m

PRTC Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.99% below the market average17.99% below the market average17.99% below the market average17.99% below the market average17.99% below the market average
41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average
Price Trend
69.89% above the market average69.89% above the market average69.89% above the market average69.89% above the market average69.89% above the market average
88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average88.89% above the sector average
Income Not Available
Growth
67.43% below the market average67.43% below the market average67.43% below the market average67.43% below the market average67.43% below the market average
76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

PRTC Dividends

No dividends found

Trades for 20-May-2024

Time Volume / Share Price
15:23 100 @ 227.00p
15:21 1 @ 227.50p
15:10 1 @ 226.72p
15:10 4 @ 227.28p
15:05 1,313 @ 227.01p

PRTC Key Personnel

CEO Bharatt Chowrira

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