Public Employees Retirement System of Ohio Takes $45.20 Million Position in Cuprina Holdings (Cayman) LTD $CUPR

Public Employees Retirement System of Ohio purchased a new stake in shares of Cuprina Holdings (Cayman) LTD (NASDAQ:CUPR) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 3,383,483 shares of the company’s stock, valued at approximately $45,203,000. Public Employees Retirement System of Ohio owned approximately 3.68% of Cuprina Holdings (Cayman) as of its most recent filing with the SEC.

Separately, Manning & Napier Advisors LLC bought a new stake in Cuprina Holdings (Cayman) during the second quarter worth approximately $168,748,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised Cuprina Holdings (Cayman) from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company presently has an average rating of “Sell”.

Cuprina Holdings (Cayman) Price Performance

Shares of NASDAQ:CUPR opened at $3.13 on Friday. The company has a current ratio of 2.35, a quick ratio of 2.35 and a debt-to-equity ratio of 0.07. Cuprina Holdings has a 1 year low of $1.76 and a 1 year high of $19.60. The firm has a fifty day moving average price of $3.91 and a 200 day moving average price of $3.24.

Cuprina Holdings (Cayman) Company Profile

We are a Singapore-based biomedical and biotechnology company that is dedicated to the development and commercialization of innovative products for the management of chronic wounds, as well as operating in the health and beauty sectors. Our expertise in biomedical research allows us to identify and utilize materials derived from natural sources to develop wound care products in the form of medical devices which meet international standards. We believe we will be able to build upon and leverage such expertise to develop innovative cosmeceutical products in the future.