RUA Life Sciences (LON:RUA) Trading Up 10.5% – Here’s What Happened

RUA Life Sciences plc (LON:RUA) shares were up 10.5% during trading on Monday . The company traded as high as GBX 29.90 and last traded at GBX 28.75. Approximately 291,273 shares changed hands during mid-day trading, an increase of 29% from the average daily volume of 225,573 shares. The stock had previously closed at GBX 26.03.

RUA Life Sciences Price Performance

The company has a 50 day moving average of GBX 23.08 and a two-hundred day moving average of GBX 18.86. The firm has a market cap of £18.23 million, a P/E ratio of -2.61 and a beta of 0.97. The company has a quick ratio of 7.32, a current ratio of 4.64 and a debt-to-equity ratio of 18.95.

RUA Life Sciences (LON:RUA) last issued its quarterly earnings results on Tuesday, June 30th. The company reported GBX (0.33) 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.