Gemini Therapeutics (NASDAQ:GMTX) Hits New 52-Week High – Should You Buy?

Gemini Therapeutics, Inc. (NASDAQ:GMTXGet Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $60.00 and last traded at $57.35, with a volume of 337658 shares traded. The stock had previously closed at $59.46.

Gemini Therapeutics Trading Up 5.0 %

The stock has a market capitalization of $2.71 billion, a PE ratio of -57.35 and a beta of -0.12. The company’s 50 day simple moving average is $51.31 and its 200 day simple moving average is $45.31.

Gemini Therapeutics Company Profile

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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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