RUA Life Sciences (LON:RUA) Reaches New 1-Year High – Time to Buy?

RUA Life Sciences plc (LON:RUA) shares hit a new 52-week high on Wednesday . The company traded as high as GBX 20.94 and last traded at GBX 20.23, with a volume of 387386 shares trading hands. The stock had previously closed at GBX 19.50.

RUA Life Sciences Stock Down 6.4%

The company has a current ratio of 4.64, a quick ratio of 7.32 and a debt-to-equity ratio of 18.95. The stock has a market cap of £11.90 million, a P/E ratio of -2.61 and a beta of 0.63. The stock’s fifty day moving average price is GBX 14.61 and its 200 day moving average price is GBX 13.46.

RUA Life Sciences (LON:RUA) last released its quarterly earnings results on Friday, January 30th. The company reported GBX (0.23) earnings per share for the quarter. RUA Life Sciences had a negative net margin of 3.26% and a negative return on equity of 2.03%.

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.