Gemini Therapeutics (NASDAQ:GMTX) Hits New 52-Week High – Here’s What Happened

Gemini Therapeutics, Inc. (NASDAQ:GMTXGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $48.87 and last traded at $47.99, with a volume of 321456 shares traded. The stock had previously closed at $47.75.

Gemini Therapeutics Trading Up 0.7 %

The stock has a fifty day moving average of $48.35 and a two-hundred day moving average of $41.10. The stock has a market capitalization of $2.08 billion, a price-to-earnings ratio of -47.99 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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