Gemini Therapeutics (NASDAQ:GMTX) Shares Up 1.6% – Should You Buy?

Gemini Therapeutics, Inc. (NASDAQ:GMTXGet Free Report)’s stock price shot up 1.6% during mid-day trading on Tuesday . The company traded as high as $97.1150 and last traded at $94.11. 1,705,128 shares were traded during mid-day trading, an increase of 801% from the average session volume of 189,291 shares. The stock had previously closed at $92.60.

Gemini Therapeutics Price Performance

The company has a 50 day simple moving average of $77.98 and a 200-day simple moving average of $63.12. The stock has a market capitalization of $4.08 billion, a P/E ratio of -94.11 and a beta of -0.12.

About Gemini Therapeutics

(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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