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

Gemini Therapeutics, Inc. (NASDAQ:GMTXGet Free Report)’s stock price hit a new 52-week high on Monday . The company traded as high as $68.19 and last traded at $64.50, with a volume of 392739 shares trading hands. The stock had previously closed at $64.96.

Gemini Therapeutics Stock Performance

The firm has a market capitalization of $2.80 billion, a price-to-earnings ratio of -62.65 and a beta of -0.12. The business’s 50-day moving average is $52.78 and its two-hundred day moving average is $46.58.

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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