RUA Life Sciences (LON:RUA) Hits New 12-Month High – Still a Buy?

RUA Life Sciences plc (LON:RUA) shares hit a new 52-week high on Monday . The stock traded as high as GBX 29.94 and last traded at GBX 28.46, with a volume of 211732 shares trading hands. The stock had previously closed at GBX 28.

RUA Life Sciences Stock Up 1.6%

The company’s fifty day simple moving average is GBX 25.30 and its 200-day simple moving average is GBX 20.10. The firm has a market capitalization of £17.66 million, a PE ratio of -2.61 and a beta of 0.99. The company has a debt-to-equity ratio of 18.95, a current ratio of 4.64 and a quick ratio of 7.32.

RUA Life Sciences (LON:RUA) last posted its quarterly earnings data on Tuesday, June 30th. The company reported GBX (0.33) earnings per share 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.