RUA Life Sciences (LON:RUA) Reaches New 52-Week High – Time to Buy?

RUA Life Sciences plc (LON:RUA) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 28.90 and last traded at GBX 27.90, with a volume of 321564 shares. The stock had previously closed at GBX 24.50.

RUA Life Sciences Stock Up 4.5%

The company has a debt-to-equity ratio of 18.95, a current ratio of 4.64 and a quick ratio of 7.32. The business’s fifty day moving average price is GBX 21.89 and its two-hundred day moving average price is GBX 18.22. The stock has a market capitalization of £17.19 million, a PE ratio of -2.61 and a beta of 0.95.

RUA Life Sciences (LON:RUA) last issued its quarterly earnings results on Tuesday, June 30th. The company reported GBX (0.33) EPS for the quarter. RUA Life Sciences had a negative return on equity of 2.03% and a negative net margin of 3.26%.

About RUA Life Sciences

The RUA Life Sciences group was created in April 2020 when AorTech International plc acquired RUA Medical Devices Ltd to create a fully formed medical device business. RUA Life Sciences is the holding company of the group trading through four businesses all exploiting the group’s polymer technology. Our vision is to improve the lives of millions of patients by improving and enabling medical devices with Elast-EonTM, the worlds leading long term implantable polyurethane.