RUA Life Sciences (LON:RUA) Share Price Crosses Above 50 Day Moving Average – What’s Next?

RUA Life Sciences plc (LON:RUA – Get Free Report) passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of GBX 28.18 and traded as high as GBX 28.90. RUA Life Sciences shares last traded at GBX 28.90, with a volume of 181,881 shares.

RUA Life Sciences Stock Performance

The stock’s 50-day simple moving average is GBX 28.18 and its 200 day simple moving average is GBX 20.76. The stock has a market capitalization of £17.94 million, a P/E ratio of -2.61 and a beta of 0.99. The company has a debt-to-equity ratio of 11.11, a current ratio of 4.64 and a quick ratio of 7.32.

About RUA Life Sciences

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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.

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