Gemini Therapeutics (NASDAQ:GMTX) Sets New 12-Month High – Should You Buy?

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

Gemini Therapeutics Stock Down 3.5 %

The business has a fifty day moving average of $50.98 and a 200 day moving average of $44.90. The firm has a market cap of $2.48 billion, a P/E ratio of -59.46 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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