Gemini Therapeutics (NASDAQ:GMTX) Stock Price Down 1.9% – Should You Sell?

Gemini Therapeutics, Inc. (NASDAQ:GMTXGet Free Report)’s stock price traded down 1.9% during mid-day trading on Monday . The company traded as low as $56.22 and last traded at $56.91. Approximately 275,330 shares traded hands during trading, an increase of 45% from the average session volume of 189,291 shares. The stock had previously closed at $58.00.

Gemini Therapeutics Stock Down 1.9%

The company has a fifty day simple moving average of $50.05 and a 200 day simple moving average of $51.61. The firm has a market capitalization of $2.47 billion, a P/E ratio of -56.91 and a beta of -0.12.

Gemini Therapeutics Company Profile

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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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