Gemini Therapeutics (NASDAQ:GMTX) Stock Price Down 0.6% – What’s Next?

Gemini Therapeutics, Inc. (NASDAQ:GMTXGet Free Report) fell 0.6% during trading on Wednesday . The stock traded as low as $90.1650 and last traded at $91.47. 639,420 shares traded hands during mid-day trading, an increase of 238% from the average session volume of 189,291 shares. The stock had previously closed at $92.00.

Gemini Therapeutics Trading Down 0.6%

The company’s fifty day simple moving average is $86.99 and its 200 day simple moving average is $68.07. The firm has a market capitalization of $3.96 billion, a P/E ratio of -91.47 and a beta of -0.12.

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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