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

Gemini Therapeutics, Inc. (NASDAQ:GMTXGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $68.19 and last traded at $64.50, with a volume of 392739 shares traded. The stock had previously closed at $64.96.

Gemini Therapeutics Price Performance

The company has a market cap of $2.79 billion, a price-to-earnings ratio of -64.50 and a beta of -0.12. The firm has a 50-day moving average price of $52.44 and a 200 day moving average price of $46.34.

Gemini Therapeutics Company Profile

(Get Free Report)

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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