Gemini Therapeutics (NASDAQ:GMTX) Shares Down 2.8% – Here’s Why

Gemini Therapeutics, Inc. (NASDAQ:GMTXGet Free Report) fell 2.8% during trading on Tuesday . The stock traded as low as $61.70 and last traded at $62.04. 200,522 shares changed hands during trading, an increase of 6% from the average session volume of 189,291 shares. The stock had previously closed at $63.82.

Gemini Therapeutics Stock Performance

The stock’s fifty day simple moving average is $62.50 and its two-hundred day simple moving average is $52.53. The stock has a market capitalization of $2.71 billion, a P/E ratio of -62.54 and a beta of -0.12.

About Gemini Therapeutics

(Get Free Report)

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.

Read More

Receive News & Ratings for Gemini Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gemini Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.